Bursa Malaysia likely to continue on recovery momentum from Monday (July 17) onwards

KUALA LUMPUR (Bernama): Bursa Malaysia is expected to continue its recovery momentum this week driven by a bullish outlook on the local and regional market, a dealer said.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said he expected the buying momentum on the local market to continue next week given the improving market sentiment accompanied by the cheap valuations of the FBM KLCI.