Good morning mooers! Here are things you need to know about today's market:
●Investors cautious but optimistic following Powell's comments on rate cuts and inflation
●Malaysia's economy set to grow 4-5% in 2024, says central bank governor
●Stocks to watch: LSH Capital, Ekovest
-moomoo News MY
Wall Street Summary
Investors closely watched Federal Reserve President Jerome Powell Tuesday as he spoke before the ...

As of Tuesday's close, the FTSE Bursa Malaysia KLCI reached a new high since June 2022, standing at 1558.8. It has grown by 7.2% this year, making it one of the best-performing indices in Asia.
MIDF and Maybank are bullish on the future growth of Malaysian stocks, while some analysts have given neutral targets for 2024. Here are the analysts' targets for FBM KLCI 2024.
Why MIDF is Bullish on Malaysian Stocks: Factors Driving Posit...

KLCI had a brief retracement back towards the 1547 points region with an overall mixed market sentiment today we we saw over 630 counters closing red for the day. Daily trading volume also settler around the 3.7 billion mark, which is pretty decent for now.
Main stocks that showed strong buying momentum would be the likes of YTL, LAYHONG, DNEX, MTEC, LHI, IWCITY, MRDIY, SENFONG, NOTION, DAYANG, JOE, PWRWELL, and UEMS. All of which were able to sustain...