KUALA LUMPUR, April 6 — Bursa Malaysia opened marginally lower but turned positive thereafter in a mixed and cautious trading mode today, taking the cue from overnight weaker performance on Wall Street. The United States’ (US) benchmark S&P 500 closed 1.3 per...
KUALA LUMPUR, April 6 — Bursa Malaysia opened marginally lower but turned positive thereafter in a mixed and cautious trading mode today, taking the cue from overnight weaker performance on Wall Street.
“Meanwhile, global sentiment may stay fragile amid concerns over more hawkish stance of the US Federal Reserve’s action to tame inflation. Also, we expect the unresolved tensions between Russia and Ukraine could limit the upside potential over the near term. For sectors in focus, the brokerage firm said traders might continue to focus on oil and gas, as well as plantation amid the elevated Brent oil and CPO prices.
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