KUUALA LUMPUR: SHARE prices on Bursa Malaysia are likely to stabilise and stage a rebound this week following strong global overnight rallies driven by the European Central Bank's (ECB) endorsement of unlimited bond buying programme and strong US economic data, said Affin Investment Bank vice-president and head of retail research Dr Nazri Khan.
He said ECB's highly-anticipated bond purchasing programme, which would enable the central bank to address severe distortions in government bond markets, would lend support and provide positive spillover to the Malaysian stock market.