Malaysian market seen to continue downside next week


TradingView

KUALA LUMPUR -- Bursa Malaysia is expected to continue its downside next week, dampened by the investors' wait-and-see attitude, profit-taking and caution ahead of the outcome of the US and China trade talks.

M and A Securities Sdn Bhd Chief Dealing Officer R. Sundararajah said the local bourse, wherein the key index is expected to hover around the 1,680-point level, would see moderate bargain hunting, especially in consumers products and services counters.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bursa Malaysia , stock , shares , palm oil , CPO , futures , derivatives , Bursa ,

Next In Business News

Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Steel Hawk unit secures Sabah contract
Oxford Innotech wins RM4.8mil data centre job
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls
Glovemakers shift focus as China floods markets
Strata overhang to ease if prudence continues
Carimin acquires 19.5% stake in Sealink International for RM40mil
Sunway to proceed with IJM takeover�

Others Also Read