Holiday-thinned trade to keep Bursa Malaysia range-bound in the coming week


KUALA LUMPUR (Bernama): Bursa Malaysia is expected to trade largely sideways this week, as holiday conditions continue to dampen market activity, said an economist.

IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan noted that with most major macroeconomic and corporate catalysts already priced in, the year-end rally is likely to lose momentum, while trading volumes should remain subdued.

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