KUALA LUMPUR: The local bourse is expected to continue its upward momentum next week, benefiting from the global weakness and bracing for another stronger session riding on defensive funds inflow.
Affin Investment Bank Vice-President/Head of Retail Research Dr Nazri Khan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) will be boosted by small- to and large-cap rotation coupled with easing-neutral monetary policies from major central banks the US Federal Reserve, European Central Bank and Bank of England.
