Bursa Malaysia likely to re-test 1,600-level from Monday (March 1)


KUALA LUMPUR, Feb 28 (Bernama): Bursa Malaysia is anticipated to re-test the 1,600-level this week, with recovery-theme and vaccine-related stocks likely to be in focus following the start of the National Covid-19 Immunisation Programme last Wednesday.

Rakuten Trade Sdn Bhd head of equity sales Vincent Lau said a series of better-than-expected corporate earnings results released recently would also lend some support to the local bourse in the coming week.

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