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THE EDGE: Inter-Pacific Securities Sdn Bhd said the buying interest appeared to have diminished on the back of the lack of new leads and the directionless trading environment looks to persist over the near term. In its daily bulletin on Tuesday (March 29), the research house said with fewer catalysts, the market is likely to stay fluid and most market players are likely to remain on the sidelines for the time being. More detailsSurin Murugiah. (2022, March 29). Key index stocks may retrace over the near term. The Edge.Retrieved from https://www.theedgemarkets.com/article/buying-interest-appeared-have-diminished-lack-new-leads-says-interpacific
THE EDGE: Inter-Pacific Securities Sdn Bhd said despite Thursday’s (March 24) gains, conditions on Bursa Malaysia are still fluid and the near-term outlook will be largely dictated by overseas events for the time being.In its daily bulletin on Friday, the research house said this could also mean that key index stocks may retrace over the near term, in line with the weakness in key global indices overnight with the re-emergence of inflationary concerns as crude oil and other commodity prices remain elevated due to the ongoing geopolitical conflict in eastern Europe that shows little signs of abating.More detailsSurin Murugiah. (2022, March 25). Key index stocks may retrace over the near term. The Edge. Retrieved from https://www.theedgemarkets.com/article/key-index-stocks-may-retrace-over-near-term
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