Bursa Malaysia set to rebound this week on bargain hunting, says economist


KUALA LUMPUR (Bernama): Bursa Malaysia is expected to rebound amid bargain-hunting activities this coming week driven by improved risk appetite in the market post-Budget 2024.

Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan said he is expecting FBM KLCI to do an oversold rebound and remain on the ascend, climbing past the 1,440 level to retest the 1,450 level next week as foreign funds make a comeback and the market is on a good run.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Iran's World Cup team blast US visa row on arrival in Mexico
Motor racing-Antonelli stays cool to win chaotic Monaco Grand Prix
Four die after inhaling toxic fumes at jewellery hub in India's Gujarat
Canada's Victor Lai defeats home favourite Jonathan Christie to win the Indonesia Open
Cryptocurrency exchange Bybit to open SpaceX tokenized IPO access
Asean News Headlines at 10pm on Sunday (June 7, 2026)
'Money churners' Nearly 300,000 Malaysians visit Southern Thailand during Raya Haji holidays, generating more than RM1bil baht
Russian drug suspects arrested in Bali after high-speed car chase
Luxury yacht at Sentosa Cove marina partially sunk after fire; no reported injuries
Philippines' foreign chief Lazaro and US' Rubio discuss expansion of economic cooperation in Washington

Others Also Read