June 2024 Market Review

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 continued its uptrend and continued to make new highs.

Transactions done

1. IBIT: BOUGHT some at $39.47 & $34.82.

Dividend received

1. DUFU: RM 0.02/share = DY 0.89%

2. UCHITEC: RM 0.075/share = DY 3.47%

Disclaimer: This article is for informational purposes only. It is not a recommendation to buy or to sell financial instruments nor an offer to buy or sell financial instruments. 

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