Bursa to come under pressure next week, ringgit seen to remain weak

Phillip Capital Management Senior Vice President (Investment) Datuk Dr Nazri Khan said US equities closed lower on last Thursday after a revisit towards the S and P 500's November highs on trade war updates, while US Treasuries slid, and Brent crude dropped a dollar from the four-month peak to halt an incline in European energy stocks.

KUALA LUMPUR: The lower performance of US equities at the end of the trading week, a decline in the benchmark Brent crude, as well as an anticipation of fresh catalysts during Invest Malaysia, will weigh on Bursa Malaysia next week

Phillip Capital Management Senior Vice President (Investment) Datuk Dr Nazri Khan said US equities closed lower on last Thursday after a revisit towards the S and P 500's November highs on trade war updates, while US Treasuries slid, and Brent crude dropped a dollar from the four-month peak to halt an incline in European energy stocks.