Malaysian stocks likely to trend higher next week


KUALA LUMPUR: Bursa Malaysia is likely to trend higher next week on the back of better sentiment brought by the strong performance of Wall Street, which had a spillover effect on its Asian counterparts.

Affin Hwang Investment Bank Vice President/Head of Retail Research, Datuk Dr Nazri Khan Adam Khan, said Saturday other than the US reaching record highs, the European Central Bank is also set to liquidate the market with a quantative easing bond buying programme for 2017.

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