Bursa Malaysia opens flat before bouncing back on Fed's caution against keeping rates too-high for too-long
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#368982cf ver:0.3

Bursa Malaysia opens flat but bounces back as Fed warns against high interest rates for too long. Market sentiment influenced by Fed's caution, leading to recovery. Investors await Fed's testimony for clues on rates and economic recovery. Positive sentiment from US stock market boosts confidence. Covid-19 impact and lack of US market direction contribute to profit-taking. FBM KLCI may stabilize as volatility subsides. Healthcare sector expected to gain, construction sector shows toppishness. Active stocks include Orgabio, SNS Network, and HHRG. #BursaMalaysia #FedCaution #MarketRecovery...

#newstr #BursaMalaysia #FederalReserve #InterestRates #Economy #Investors #UsStockMarket #EconomicRecovery #Covid19 

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