Bursa Malaysia likely to trend lower this week amid cautious market sentiment

KUALA LUMPUR (Bernama): Bursa Malaysia is likely to trend lower from Monday (Sept 25) amid cautious market sentiment as investors are concerned about the bearish economic outlook, an analyst said.

Chief economist and fund manager of Interpacific Asset Management Bhd Datuk Nazri Khan said the high-interest rate environment could also further dent the economic outlook, leading to a more pronounced slowdown in the demand for goods and services in the coming months.