Strong catalysts to push up Bursa this week

“Bursa Malaysia is expected to be in consolidation mode with an upward bias to trade between 1,590 and 1,600 points this week, ” Inter-Pacific Asset Management Sdn Bhd chief executive officer Datuk Dr Nazri Khan Adam Khan said.

PETALING JAYA: Bursa Malaysia is expected to trade higher this week, riding on strong catalysts including the US’ US$1.9 trillion Covid-19 relief package, the rollout of vaccination programmes worldwide and higher commodity prices.

“Bursa Malaysia is expected to be in consolidation mode with an upward bias to trade between 1,590 and 1,600 points this week, ” Inter-Pacific Asset Management Sdn Bhd chief executive officer Datuk Dr Nazri Khan Adam Khan told Bernama.