Commodity Stocks Face Headwinds
Commodities-related stocks are expected to encounter some headwinds today with the heightened volatility between the global currencies
Stock Market
Local Market Trending Higher
Yesterday, FBM KLCI ended lower due to lack of buying interests. The benchmark index lost 0.36% or 5.35 points to close at 1,492.33 with losers led by HARTA, PETGAS and HLBANK.
Nestlé: Continuing cost pressure
Nestle's long term prospect are favorable underpinned by its strong balance sheet, which could provide cushion towards potential economy downturn
Bursa dragged by 2QFY22 But Expected To Rebound
The weakness in trading activities in 1HFY22 is due to volatility caused by US Fed’s hawkish stance and geopolitical issues
Stock Market: Bargain Hunting Could Emerge
Rakuten Trade reckons some bargain-hunting activities could emerge as the benchmark index is nearing its support level at 1,400
Bursa Sees Stock Upside While Budget Will Boost Economy
Malaysia's average y-o-y growth in consumer prices stood at 3.05% compared to Indonesia's 3.29%, Singapore's 3.49%, Thailand's 3.51% and the Philippines' 4.26%.
What is the Market Beat on Malaysia, global stock market
We give you a hint on what the market beat is for this week. The FBM KLCI has continued to rise and has broken through the psychological hurdle of 1,600. The benchmark index closed at 1,603.2, up 3.59 points.
NESTLE, PMETAL, and TM were the top