Bursa Malaysian expected to go higher from Monday (Sept 18) onwards on continued bullish sentiment

KUALA LUMPUR (Bernama): Optimism about the outlook of US interest rates and China’s improving economic prospects are set to drive Bursa Malaysia higher this week.

Chief economist and fund manager of Interpacific Asset Management Bhd Datuk Nazri Khan noted that the barometer index has managed to stay above the 1,450 psychological level despite recent volatility due to worries over the US Federal Reserve’s (Fed) hawkish monetary policy stance.