REVIEW: The FBM KLC remains in a sideways trading channel, capped by uncertain market sentiment, despite a strong rebound yesterday. However, the positive performance helped to dispel fears of further declines as the index had exited below the 200-day simple moving average (SMA) just a day earlier.

REVIEW: There was a profit-taking mood on Bursa Malaysia, which was expected given the more than 40-point advance over the last two trading days of the previous week.

REVIEW: When America sneezes, the world catches a cold. The expression seemed especially apt for the week’s turbulent trading action as investor sentiment hinged on the health and whims of the US president ahead of the country’s elections.

: The FBM KLCI struggled to pick up any speed above the 1,600 line.

There were some upward movements on the FBM KLCI over the past week, with much of the gains powered by glove counters as the index moved past 1,600 points.

REVIEW: A rotation of investor interest out of glove stocks and into pharmaceutical plays dominated trading action on Bursa Malaysia earlier in the week amid reports that the world was inching closer to a Covid-19 vaccine discovery.

REVIEW: Concerns over a growing health crisis in the world’s largest economy is largely being offset by expectations that markets will be awash with liquidity as major central banks pull out all the stops in reinvigorating the global economy.

REVIEW: The slide below 1,500 points came on Thursday, serving as a breach of the crucial support, which was further affirmed with Friday’s continued decline.

REVIEW: It was a sombre reminder despite the optimism in global equity markets over recent weeks that we are not out of the woods yet.