Bursa to trade in narrow range next week, ringgit in positive mood

In Asia, regional currencies were mostly beholden to moves in major global units though investors are watching for any developments in China-U.S. trade negotiations.

KUALA LUMPUR: Bursa Malaysia will likely continue to trade within a narrow range next week, hovering between the 1,680 and 1,700 levels, mainly driven by volatility in the external market.

Rakutan Trade Sdn Bhd Head of Research Kenny Yee said major factors emanating from the US-China 90-day truce to resolve their differences over trade would have an impact on the market.