Malaysian market expected to trade cautiously next week

The research house said this was largely because the FBM KLCI has generally yielded positive returns in the three-month periods up to the past election polling dates, apart from robust headline economic indicators which support the ringgit and investment sentiment. The GE14 is widely expected to be held in March or April next year.

KUALA LUMPUR: Bursa Malaysia is expected to trade in a cautious mode next week weighed by external concerns, an analyst said.

Maybank Investment Bank Chartist Nik Ihsan Raja Abdullah said concerns about China's growth, trade disputes and rising US interest rate were expected to drag the FTSE Bursa Malaysia KLCI (FBM KLCI) lower.