Share prices on Bursa and Wall Street seen higher this week


  • Business Premium
  • Monday, 06 Aug 2012

KUALA LUMPUR: SHARE prices on Bursa Malaysia are expected to be higher this week riding on its resilience and defensive appeal amid rising global risk aversion, dealers said.

“More upside in the FTSE Bursa Malaysia KLCI (FBMKCLI) is anticipated following losses in European equities last week,” Vice-President and Head of Retail Research of Affin Investment Bank, Dr Nazri Khan, told Bernama.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

CPO futures likely to trade lower next week Premium
China's industrial profits growth accelerates in Oct Premium
New COVID variant Omicron triggers global alarm, market sell-off Premium
Top US diplomat for Asia to visit Malaysia and three other ASEAN countries Premium
Oil settles down US$10/bbl in largest daily drop since April 2020 Premium
Black Friday draws US shoppers but many shun stores for online Premium
Stocks tumble on new coronavirus variant fear Premium
China traders ramp up leverage in bet PBoC to stay on sidelines Premium
Indonesia jobs law ruling may dim investment outlook Premium
Investing in a tough 2022 Premium

Others Also Read


Vouchers