Next Week's Market Outlook
2 - 6 December 2024

🔹The FBMKLCI is likely to maintain its upward momentum in the coming week, though within a constrained range of 1,600 to 1,610.

🔹 While the index briefly slipped into negative territory this week, breaching the key 1,600 psychological level, a rebound appears probable.

🔹 Bargain hunters are likely to seize opportunities following the conclusion of the earnings season, and overall market sentiment remains broadly supportive, underpinned by positive cues from US equity futures.

🔹The upward momentum in US indices suggests continued bullishness, which could spill over into regional markets, including Malaysia.

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