Malaysian stocks likely to go higher this week


KUALA LUMPUR: BURSA Malaysia is likely to trend higher this week with a mild rebound expected with the FTSE Bursa Malaysia KLCI (FBM KLCI).

Affin Investment Bank vice-president/head of retail research Dr Nazri Khan said the key index would possibly retest the 1,790-1,800 point level against a backdrop of positive leads from the United States and news that more central banks would take an accommodative monetary stance.

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