KL market to trade within narrow band this week

  • Business Premium
  • Monday, 14 Mar 2011

KUALA LUMPUR: SHARE prices on Bursa Malaysia are likely to trade within a narrow band this week with investors cautious amid lingering concerns over the crisis in Libya and the anticipated economic setback from the massive earthquake which hit Japan last Friday, dealers said.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hover between 1,480 and 1,500 points level, said Affin Investment Bank's Head of Retail Research Dr Nazri Khan.

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