Bursa to see extended consolidation this week


File pic of Bursa Malaysia screens. CIMB lowered its end-2015 target for the KLCI to 1,700 from 1,800.

KUALA LUMPUR: Extended consolidation and rotational buying in index-linked counters, second and lower liners at Bursa Malaysia is expected for the holiday-shortened trading week.

Technically, dealers said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) supports were at the 1,780 and 1,760 points level.

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