KUALA LUMPUR: The profit-taking activities on the domestic market, triggered by a downturn in regional sentiment, are likely to keep the FBM KLCI in range-bound motion, said Apex Securities Research.
Following yesterday's retreat, the benchmark index opened 1.58 points lower at 1,567.67.
"Going forward, we are in view for a potential sideways formation to emerge amid the absence of fresh leads with inflation rate holding steady at 1.8% in March 2024.
"The lower liners are also bracing for minor pullback as investors booked in recent profits," said Apex Securities.
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