Share prices on Bursa Malaysia are expected to rebound this week


KUALA LUMPUR: SHARE prices on Bursa Malaysia are expected to rebound this week with possible fund inflows into defensive markets including Malaysia as investors opt for safer haven equities.

Affin Investment Bank vice-president and head of retail research Dr Nazri Khan said with the dollar’s strength and the bullish reaction in the yield curve would likely result in the escalation of selling in high beta overseas equity markets with funds flowing to defensive markets such as Malaysia.

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