Bursa Malaysia seen remaining sideways this week on cautious sentiment

KUALA LUMPUR, Jan 9 (Bernama): Bursa Malaysia is expected to keep to the sideways from Monday (Jan 10) amid cautious market sentiment, mainly from the external front, but the key index will stay above the psychological level of 1,500, dealers said.

Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid expects the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to move in a tight range of between 1,535 and 1,545.