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2024-06-05 02:00:07

Sunway Eligible for Inclusion in FBM KLCI, AMMB Holdings at Risk on Nostr: Bursa Malaysia Opens Higher on Hopes for Rate Cuts After Positive US Data ...

Bursa Malaysia Opens Higher on Hopes for Rate Cuts After Positive US Data
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#368982cf ver:0.27

Bursa Malaysia opens higher on hopes for rate cuts after positive US data, driven by gains in banking and finance stocks. Positive sentiment extends to other Asian markets. Investors hopeful for increased likelihood of rate cuts by the Federal Reserve. Concerns over US-China trade tensions remain. FBM KLCI expected to gain momentum after weak US economic data. Focus on logistics and industrial product sectors. Caution with O&G counters due to higher supply. Top active stocks include Carlsberg, Vitrox, Pentamaster, Dnex, Datasonic, and SNS Network. #BursaMalaysia #ratecuts #USdata #investors #FBMKLCI #trade tensions #logistics #industrialproducts #OandG #stocks...

#newstr #BursaMalaysia #UsData #RateCuts #BankingStocks #InvestorSentiment

https://here.news/story/368982cf?ver=0.27
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