Morning Call; Investors May Stay Defensive To Invest Within The REIT’s And Consumer Stocks
Investors May Stay Defensive To Invest Within The REIT’s And Consumer Stocks
“The stockbroking firm said that the FBM KLCI extended its whipsaw moves on Friday in a broad sell-off amid growing worries on inflationary pressure and recession fears.”
To read the full story, click here.
EPF Enhances Portal For Members To Be Savvy Investors
“The EPF has also introduced an investment simulator as a tool to help members assess investment decisions based on five key parameters. Investment objectives can now be simulated based on a member’s choice of the initial investment amount, monthly investment amount, investment period, rate of return, or ending investment value. The enhanced i-Invest portal has also incorporated Lipper-assigned benchmarks for members to compare against the unit trust funds’ performances.”
To read the full story, click here.
China’s Stimulus Tool For The Economy Working Like Magic
“With the COVID-19 impact wearing thin, major economic indicators showed marginal improvements in May,” said Meng Wei, spokesperson for the National Development and Reform Commission, noting that the recovery on both the supply and demand side still faces many challenges.
To read the full story, click here.
HSI Futures Expected to Trade in Choppy Waters
“Traders should remain in the short positions initiated at 20,598 points, or the closing of 13 June’s evening session. To minimise the trading risks, the stop-loss has been revised to 21,400 points from 22,000 points.”
To read the full story, click here.