Market could trim earnings following extended rally

  • 📰 staronline
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 75%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

At the open, the benchmark FBM KLCI was down 1.63 points to 1,447.66.

According to Malacca Securities Research, the market has performed relatively well in recent days to hold above the 1,400 level, backed by fresh buying from foreign institutional participants.

Following the US Federal Reserve's overnight decision to raise interest rates by a further 25 basis points, market expectations are now for a pause in any further hikes, which the research firm said is positive for the equities markets.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker