Bursa Malaysia to remain below 1,400 points due to US, China concerns, say analysts

KUALA LUMPUR, June 4 (Bernama): Bursa Malaysia is expected to remain below its psychological level of 1,400 points next week, with the risk interests of investors continuing to be dictated by economic developments in the US and China.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng told Bernama that trading may remain cautious as investors were still worried over the two economic giants’ growth stories despite the mild recovery seen in the domestic equities at the end of the week due to bargain hunting.