KUALA LUMPUR: Hwang DBS Vickers Research (HDBSVR) said no news may be good news for the Malaysian stock market.
It said on Thursday, March 24 that continuing from where it left off on Wednesday, the KLCI could extend its recovery momentum for the fifth straight day by showing a slight positive bias ahead.
This comes as there were little new developments on the ongoing Middle East turmoil and the Japan nuclear fallout. In reaction, key U.S. indices on Wall Street rose between 0.3% and 0.6% overnight lifted partly by higher commodity stocks.
Among the counters that will likely see added trading interest include RHB Capital, Sime Darby and Integrax.
It said on Thursday, March 24 that continuing from where it left off on Wednesday, the KLCI could extend its recovery momentum for the fifth straight day by showing a slight positive bias ahead.
This comes as there were little new developments on the ongoing Middle East turmoil and the Japan nuclear fallout. In reaction, key U.S. indices on Wall Street rose between 0.3% and 0.6% overnight lifted partly by higher commodity stocks.
Among the counters that will likely see added trading interest include RHB Capital, Sime Darby and Integrax.
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