On the rise: Bursa Malaysia expected to move upwards to the 1,590 level this week


KUALA LUMPUR (Bernama): Bursa Malaysia is expected to rise this week towards the 1,590 resistance level, contingent on supportive global risk sentiment and incremental clarity over semiconductor tariff trajectories, said an analyst.

UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said that given the weekend timing of the meeting between US President Donald Trump and Russian President Vladimir Putin, Malaysia’s equity market will absorb any geopolitical repricing effects when trading resumes next week.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Boy, 7, is youngest professional rally car driver in China, starting race journey at age 1
K-idol Heeseung ‘a bit sorry’ after splitting from Enhypen
Visa-free travel, rising foreign visitors boost luxury hotel growth in China
Laos delivers emergency aid after over 2,000 households hit by rare hailstorm in Vientiane
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Foul odour leads to discovery of three bodies in Merbok home
South-East Asia revisits nuclear power plans for AI data centres as Iran war disrupts energy supplies
Cambodia refutes Thai portrayal of Preah Vihear cooperation as ICC confirms severe damage
Singapore child sex offender Amos Yee freed from Changi Prison after mother posts $10k bail
Victor Chin: RM9.5mil was ‘service fee’, not bribe to enforcement agencies

Others Also Read