KUALA LUMPUR: Market sentiment is expected to remain weak on the local bourse in the near term amid bargain-hunting activities, according to fund managers.
KUALA LUMPUR: The local bourse may see heightened trading activities as retail participation is expected to improve due to continuing feel-good factors after the 15th General Election (GE15).
Bursa Malaysia’s Technology Index climbed over 3% in Thursday’s (Dec 1) morning trade, tracking a rise in US stocks triggered by signals of a slowdown in the US interest rate hike.
KUALA LUMPUR: Corporate earnings for the recent second quarter have overall been within expectations, but they may progressively slow in the second half of the year (2H22).