Malaysian markets expected to slow down next week due to uncertainties in emerging markets


This was achieved as the FBM KLCI staged a steady rebound after the Government unveiled more solid measures to strengthen the economy. At 5pm, the index was up 21.34 points or 1.24% to 1,740.62.

KUALA LUMPUR: Bursa Malaysia's trading next week is forecast to slow down in the face of uncertainty in the emerging markets, escalating trade tensions and the extended weekend in the country, said dealers.

Bank Islam chief economist Dr Mohd Afzanizam Abdul Rashid said with investors remaining mindful of the external events, the FBMKLCI would linger around its resistance and support level of 1,805 and 1,776 respectively next week.

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