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Malaysia Stock Market (FTSE KLCI) - Outlook

The Malaysia Stock Market (FTSE KLCI) is expected to trade around the mark of 1850 and is expected to move sideways for the short-term as the Malaysian equities are under pressured amongst the threat of U.S. military action in Syria caused concerns of serious tension in the Middle East. The local bourse started on a positive note before dropping into the red by the late morning session as investors measured in on the threat of US military action in Syria.(t.me/BursasgxSignal)Also U.S. president Donald Trump’s comments about Russia and his indications to attack Syria on Wednesday were cited as catalyst for the selling in equities.

On the forex market, the ringgit had a tiny change against the US dollar at 3.8763 while it rose slightly against the pound sterling at 5.4941 and weakened marginally against the Singapore dollar at 2.9596. (t.me/reseachbursa)

The Malaysian market has a mixed sentiments as previous comments from Chinese President Xi Jinping's to cut import tariffs eased concerns about a US-China trade conflict and tensions over preparations of attack over Syria has forced investors to trade with caution. Following the cautious market following stocks(SAPNRG , UCREST , VS , DESTINI ) are expected to move up in near term . (t.me/klcistocks)

DISCLAIMER :All information above is for education & self improvemet purposes only, NOT RECOMMENDATIONS.

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Complaint Board
As On 30th April, 2020
Beginning of month Received during the month Resolved during the month Pending at the end of the month Reason for pendency
214 0 0 1 Closed by us, Filed ATR, SCORES approval awaited

Total clients served so far Total complaints received so far % complaint on customer base
70,000+ Customers 214 0.30%

Data is updated on 7th per month. It gets verified every quarter by independent auditor.

Data presented here is taken from company's inception

Importance given to satisfactory resolution as per prescribed TAT