Bursa Malaysia likely to stay in consolidation mode next week; to hover close to the 1,500 range

KUALA LUMPUR (Bernama): Bursa Malaysia is expected to stay in consolidation mode with a slight positive bias this week, and the benchmark index is seen as hovering in the 1,475-1,495 range.

Rakuten Trade equity research vice-president Thong Pak Leng said economists are predicting that Bank Negara Malaysia will maintain the Overnight Policy Rate at three per cent at least until end-2025.