Bursa Malaysia likely to be muted this week (April 24-28)

KUALA LUMPUR, April 23 (Bernama): Bursa Malaysia is expected to be muted with an upside bias in the coming days in view of the shortened trading week due to the Hari Raya Aidilfitri celebration, said an analyst.

Nonetheless, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said, investors would remain alert for bargain-hunting activities given the cheap valuation of the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI).