Bursa Malaysia to see cautious trading this week amid heightened volatility


KUALA LUMPUR, Nov 28 (Bernama): Bursa Malaysia is likely to continue trading on a cautious tone amid heightened volatility, partly due to the discovery of a new Covid-19 variant in South Africa and rising new infection cases in Europe, said an analysts.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng anticipated the FTSE Bursa Malaysia KLCI (FBM KLCI) to hover between 1,500 and 1,520 next week with immediate support-resistance level at 1,500-1,535.

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