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Malaysia KLCI Exits Downward Trend

 


Malaysia KLCI: 
Broke out of its long-term trend line, suggesting a potential bottoming process. First technical target at 1,700. Investors could tip toe for long term positions, while traders could lookout for trading opportunities on the market.

Increasing foreign investment in MY:
https://www.businesstimes.com.sg/international/asean/microsoft-ceo-pledges-rm10-5-billion-cloud-ai-investment-malaysia

https://www.reuters.com/technology/nvidia-talks-with-malaysias-ytl-data-center-deal-sources-2023-12-08/

https://fortune.com/2023/08/23/tesla-malaysia-elon-musk-anwar-ibrahim-affirmative-action-spacex-starlink/

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