Investor sentiment remains subdued by rate hike woes


KUALA LUMPUR: The FBM KLCI turned lower in morning trade as the improved sentiment in global markets failed to inpire a rally on the domestic market.

Global investor sentiment picked up as China lifted Covid-19 related restrictions and signalled it was ready to back off regulatory pressure on technology stocks.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Bursa Malaysia , FBM KLCI , equities

   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read