Bearish sentiment stifles FBM KLCI rebound

Rakuten Trade's Lau said it is difficult to pinpoint the bottom of the bearish trend in the current environment.

PETALING JAYA: Fresh from a tariff-induced dive to its lowest point since December 2023 on Monday, the FBM KLCI saw more fighting between the bulls and the bears yesterday as trade uncertainties continue to loom large in the background.

Analysts believe that only a proper sitdown between United States President Donald Trump and his Chinese counterpart Xi Jinping can bring tangible clarity to the ongoing tariff issues.