Market struggles to find direction

AS we edge closer to the end of 2024, the Malaysian equity market remains under the spotlight, albeit with subdued enthusiasm. Investors are grappling with a mix of cautious sentiment and persistent challenges on both the local and global fronts. The FBM KLCI, which has shown a lacklustre performance in recent months, now finds itself trading below the 1,600 mark, far from the earlier optimism of reaching 1,700 by year-end as projected by several research houses.

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