FBM KLCI little changed in early trade

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FBM KLCI little changed in early trade
FBM KLCIKLCIBursa Malaysia
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PETALING JAYA: A Malaysian student was convicted of murder in Britain for killing her newborn baby.

KUALA LUMPUR: The FBM KLCI remained flat in early Friday trade as ongoing concerns about U.S. interest rates, rising bond yields, China’s uncertain economic outlook, and a lack of local catalysts weighed on market direction.

“Although key global indices recovered overnight, the positivity may not extend to stocks on Bursa Malaysia as the directionless trading environment will continue to dominate the trading environment, leaving the FBM KLCI to continue drifting,” it said. The research house also sees the broader market shares remaining mostly listless, which could preserve their drifting trend for now.

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FBM KLCI KLCI Bursa Malaysia

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