Can bullish sentiment on Bursa Malaysia continue?


CGSI Research's Perera said the 1Q24 earnings performance could be key in the short term.

PETALING JAYA: Sustained inflow of foreign funds and investments by local investors is leading Bursa Malaysia closer to a bull market phase.

May was meant to be a month when equity markets see some selling pressure going by the old adage of “sell in May and go away” but it has been anything but that. Major indices such as the Dow and Nasdaq are at historic highs.

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