Bursa Malaysia to trade range-bound within 1,445-1,465 this week on lack of catalysts

KUALA LUMPUR (Bernama): Bursa Malaysia is projected to continue trading in range-bound mode with an upward bias this week, as investors continue to seek new catalysts amid heightening global market volatility, a dealer said.

Rakuten Trade equity research vice-president Thong Pak Leng said the FTSE Bursa Malaysia KLCI (FBM KLCI) may see an additional upward potential if the key index manages to surpass the 1,465-resistance line.