Market may trade cautiously higher


By K.M.LEE

REVIEW: Bursa Malaysia kicked off the second week of the year on the back foot, with the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) easing a minor 0.16 of a point to 1,675.33, as the bulls choose to pause for air following a significant rally recently.

Though overnight Wall Street climbed nearer to the 20,000-point mark, fuelled by optimism about US President-elect Donald Trump and crude oil prices added 23 cents to US$53.99 the previous Friday, they were not helping the local bourse.

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Business , Market Trend , Bursa Malaysia , FBM KLCI

   

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