Bursa Malaysia expected to climb to 1,480 level from Monday (Nov 20) onwards


KUALA LUMPUR (Bernama): Bursa Malaysia's barometer index is set to test the 1,480 level this week riding on bullish year-end seasonalities and global equities strength.

Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan said the expectation of a pause in the interest rate hike due to the cooling US inflation data is also expected to continue boosting risk appetite for stocks.

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Bursa Malaysia , Weekly , Equities , Nazri Khan , Fed , Rakuten

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