KUALA LUMPUR, Dec 5 (Bernama): The FTSE Bursa Malaysia KLCI (FBM KLCI) is set to trade between 1,640 and 1,650 next week, bolstered by window dressing activities which are expected to kick off then.
However, a knee-jerk reaction is expected on Monday, triggered by Fitch Ratings’ downgrade of Malaysia's long-term foreign-currency issuer default rating (IDR) to 'BBB+' from 'A-' with a stable outlook.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
