Bursa Malaysia likely to be on cautious mode from Monday (Apr 1), waiting for new catalyst

KUALA LUMPUR (Bernama): Bursa Malaysia is expected to be on cautious sentiment this week with the FTSE Bursa Malaysia KLCI (FBM KLCI) likely to remain stable until new catalysts emerge.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng expects the benchmark index to trade sideways for the time being until more clarity emerges regarding the anticipated United States (US) interest rate cut.