A newborn bull? Bursa Malaysia expected to strengthen in cautious trade


By K.M.LEE

REVIEW: The latest economic data filtered out from China, showing weak manufacturing figures and the big drop in Chinese stocks, drove overnight Wall Street down a hefty 530.94 points to 16,459.75 the previous Friday, its sharpest one-day fall in almost four years in a broad-based sell-off.

Over on the New York Mercantile Exchange, crude oil prices lost 87 cents to US$40.45 per barrel amid worries that a slower demand growth would prolong a global glut.

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Business , Market Trend , Bursa Malaysia , FBM KLCI

   

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