Bursa Malaysia to remain cautious this week, likely to trade within trade range, says analyst


KUALA LUMPUR (Bernama): Bursa Malaysia is expected to remain cautious this week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) to trade within a narrow range as investors evaluate key economic developments, according to an analyst.

UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan noted that the 1,590 resistance level will be a key threshold to watch, and a breakout above this level could signal renewed buying interest.

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