Cautious trading seen on Bursa Malaysia from Monday (March 27) onwards


KUALA LUMPUR, March 26 (Bernama): Bursa Malaysia is likely to trend at the current level this week on cautious trading amid uncertainties in the global market due to lingering banking stability concerns.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said bargain hunting activities was expected to emerge next week and anticipate the FBM KLCI to trend within the 1,400-1,415 level while immediate support would be seen at 1,400 followed by 1,370 with resistance at 1,420.

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