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    KUALA LUMPUR: There is caution on the domestic market as investors speculate on fresh monetary policy to mitigate the rising inflationary pressure.

    At 9.05am, the FBM KLCI was down 1.42 points to 1,448.32. There were 132 decliners compared with 100 gainers, reflecting the overall weakness on the market.

    Trading volume was 112.76 million shares compared with RM39.53mil.

    According to Kenanga Research, the market may strive to find a firmer footing amid the cautious sentiment, and as investors move on from the bearish developments of the first half of the year.

    However, major economic developments in the coming week continue to be driving factors of market sentiment.

    "In the coming week, all eyes will be on Bank Negara Malaysia’s monetary policy committee meeting scheduled on Wednesday amid speculations that the policymakers may raise the Overnight Policy Rate to tame rising inflationary pressure.

    "An update on the Malaysian economic fundamentals will also be available when the industrial production index report is released on Friday," said Kenanga.

    Technically however, the FBM KLCI may build on the previous week's relief rally after snapping a five-day losing streak.

    "Temporary foothold somewhere between our adjusted immediate support and resistance thresholds of 1,440 and 1,475.

    "Beyond the near term, downside risks still outweigh upside potentials in the absence of apparent technical reversal signals," said Kenanga.

    Trading was tepid among the blue chips with changes in Maybank up two sen to RM8.64, IHH down five sen to RM6.43 and Press Metal falling four sen to RM4.66.

    Among telcos, Digi slid four sne to RM3.60 while Axiata gained one sen to RM2.84.

    Meanwhile, Gamuda was up two sen to RM3.57 after announcing a RM1.97bil job win from Air Selangor on Friday.Top actives were Reach unchanged at 5.5 sen, Top Glove down two sen to 99 sen and MMAG unchanged at 5.5 sen.


    转『zhuan』载说明:本文『wen』转载{zai}自(zi)Sunbet。 usdt收款平台声明:该文看法仅代表作者自己,与本平台无关。转载请注明:Slow start on Bursa on ongoing inflation fears
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    1. trc20交易所(www.usdt8.vip)
      trc20交易所(www.usdt8.vip)
      (2022-07-10 00:00:44) 1#

      对于有人提出科学与宗教之间应该睁开建设性的对话这种主张,温伯格说:“对话是可以的,但决不是建设性的。”他的言下之意很显著:宗教在科学眼前只有俯首帖耳“挨训”的份。在“宇宙有设计者吗”中温伯格这样竣事全文:“最伟大的科学成就之一是,即便不是让智慧者不能能成为宗教信徒,那么至少是让他们可能不成为宗教信徒。我们不应该从这个成就上倒退。”这可以看成是温伯格看待科学与宗教关系的一个鲜明态度。冲就对了

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