Bursa Malaysia likely to trade in tight range

Mounting concerns: The equities market will also see uncertainty regarding the US presidential elections on Trump’s reported coronavirus infection. — Bloomberg

KUALA LUMPUR: Bursa Malaysia is expected to trade within a tight range of 1,495 to 1,505 this week amid mounting concerns over escalating Covid-19 cases that investors fear would slow down global economic recovery and influence the local bourse.

The equities market would also see uncertainty regarding the US presidential elections as news broke that Donald Trump has been infected with the coronavirus.

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 , trade , tight range , this week , Innes , FBM KLCI ,

Next In Business News
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah
Binastra unit accepts RM742.86mil building contract in Johor
CPO prices to stay range-bound at RM4,000-RM4,300 per tonne in Feb - MPOC

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.