Bursa Malaysia expected to trade lower next week

KUALA LUMPUR, Sept 5 (Bernama) -- Bursa Malaysia is seen to trade lower next week, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to hover between 1,500 and 1,520 as investors will keep their focus on Bank Negara Malaysia’s monetary policy meeting to review the overnight policy rate (OPR).

Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said any further OPR cut could pose a downside risk to the banking sector.