Bursa Malaysia to remain in consolidation mode with upside bias this week; to fluctuate within the 1,605-1,625 range


KUALA LUMPUR (Bernama): Bursa Malaysia is expected to remain in consolidation mode, with an upside bias for the time being, until fresh catalysts emerge.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said that despite this short-term consolidation, the longer-term trend remains upward as the index still holds above the 50-day exponential moving average (EMA).

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