Bursa Malaysia seen to trade in tight range next week

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid(pic) said the coronavirus spread outside China had become a more pressing issue

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade in a tight range of between 1,480 and 1,490 next week, as investors remain cautious over global economic uncertainties due to the COVID-19 outbreak.

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the coronavirus spread outside China had become a more pressing issue.