PETALING JAYA: Following the steep sell-down in January which saw the FBM KLCI retracing by more than 4%, analysts are forecasting a rebound from the relief in tariff fears as US president Donald Trump appears to be adopting a more flexible stance.
The mini bounce-back of the index yesterday was in line with most major bourses, after Trump said tariffs on Mexico and Canada would be delayed for a month following the latter two countries’ respective announcements that they would tighten border security.
