KUALA LUMPUR (Bernama): Bursa Malaysia is expected to maintain a cautious outlook this week, consolidating within a tight range of 1,513 to 1,515, as investors await clarity on Malaysia’s strategic response to the recent US tariff announcements, from a special Dewan Rakyat sitting on May 5.
UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said that compounding the cautious tone, next week will be a shortened trading week, with Bursa Malaysia closed on Thursday in observance of Labour Day -- potentially weighing on liquidity and limiting upward momentum.
