Bursa Malaysia to see volatile trade with downside bias next week

An analyst said the FTSE Bursa Malaysia KLCI (FBM KLCI) had reached the lowest level since December 2011, with a bearish harami pattern prevailing which marked a further downward momentum.

KUALA LUMPUR: Bursa Malaysia is expected to continue its volatile trading mode with a downside bias next week, as political uncertainty persists in the local landscape.

An analyst said the FTSE Bursa Malaysia KLCI (FBM KLCI) had reached the lowest level since December 2011, with a bearish harami pattern prevailing which marked a further downward momentum.