KUALA LUMPUR (Nov 8): Rakuten Trade sees regional market volatility to heighten ahead of the election outcome from the US, and therefore expects the benchmark FBM KLCI index to hover between the 1,435-1,450 range.
Meanwhile, it said as crude prices eased on news that China will continue with their Covid containment strategy as the Brent crude ended at below US$98 per barrel, there may be some headwinds for oil and gas counters on Tuesday (Nov 8).