Tariff uncertainty to weigh on Bursa Malaysia this week


KUALA LUMPUR (Bernama): The risk of higher United States (US) tariffs on Malaysia as the Aug 1 deadline draws near is likely to weigh on Bursa Malaysia from Monday (July 28), although domestically-oriented counters are expected to remain relatively resilient, supported by firm internal demand and fiscal tailwinds.

UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said volatility is expected to intensify as markets approach a critical inflection point in global trade policy.

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