Bursa Malaysia is anticipated to trade firmer next week, and it would likely re-test the 1,600 level convincingly and push towards the 1,625 level, after closing at 1,610.18 on Friday
KUALA LUMPUR: Foreign fund outflow from the local equities market dwindled to RM57.7 million in the Dec 16-19 period compared with a net outflow of RM295.3 million in Dec 9-12, supported by positive developments in the trade war between the United States and China.
Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said trade discussions between the two economic giants appeared to be proceeding well as the United States had partially rolled back the tariffs and China, in return, promised to buy more US agricultural products.
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