Malaysian stocks likely to see more uptrend this week


BURSA MALAYSIA is expected to see more uptrend this week in tandem with regional strength, driven by local property and banking stocks ahead of the 13th general election.

Global bourses, including Bursa Malaysia, are likely to extend gains as sentiment is boosted by new record levels on Wall Street following optimism over the US economy and expectations of more stimulus from global central banks, according to Affin Investment Bank head of retail research Dr Nazri Khan.

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