KUALA LUMPUR, Aug 29 (Bernama): Bursa Malaysia is likely to trade in a similar pattern next week, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) expected to move in a tight range of between 1,540 to 1,560 as investors begin their bargain hunting.
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the 3.3 per cent decline in the key index for the week, after settling at 1,525.21 points on Friday, presents an opportunity to accumulate some stocks, in particular glove maker stocks which have been hit on news Russia is preparing to approve a second Covid-19 vaccine.
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