Malaysian market likely to remain subdued this week


PETALING JAYA: Strong growth from overseas units may boost sentiment on local big banks like Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, as well as regional mobile player Axiata Group Bhd, ahead of the their latest quarterly results to be released later this month.

But with foreign investors still shying way from Bursa Malaysia, brokers believe any significant upside for the benchmark index will be capped.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims
Carlsberg to continue reinvesting in brands

Others Also Read