Volatile market ahead

Small gain: The lower net profits recorded by the majority of blue-chip companies have a major impact on the benchmark index. – AP

Bearish earnings, possible US rate hike weigh on FBM KLCI

PETALING JAYA: Bearish earnings data and risk-averse sentiment among investors could trigger renewed volatility on Bursa Malaysia’s benchmark FTSE Bursa Malaysia KL Composite Index (FBM KLCI) ahead of the next US Federal Reserve meeting this month, say analysts.