Bursa to consolidate to 1,500-1,530 next week on prolonged bargain-hunting

KUALA LUMPUR, Sept 12 (Bernama): Bursa Malaysia is expected to continue its consolidation mode with an upward bias next week on prolonged bargain-hunting in glove counters.

Rakuten Trade Sdn Bhd research vice-president Vincent Low said given that the glove counters, particularly Top Glove and Hartalega, had been oversold over the past week due to heavy profit-taking, bargain-hunting was likely to continue next week.