June 2024 Market Review

Market Condition KLCI closed at 1,590.09, a drop of 0.41%. S&P500 closed at 5,460.48, an increase of 3.47%. Market Trend: Local market could not sustain the uptrend KLCI shifted gear and closed lower than the last month. The foreign funds flowed out of the local market in June and remain as net seller year-to-date. S&P500 …

May 2024 Market Review

Market condition KLCI closed at 1,596.68, an increase of 1.31%. S&P500 closed at 5,277.51, an increase of 3.15%. Market trend: Foreign funds started to come in again KLCI continued its uptrend and ended higher but could not maintain above the 1,600 level. However, I think it has a good chance to stay above 1,600 in …