Bursa Malaysia likely to trade in cautious mode next week

KUALA LUMPUR: Bursa Malaysia is likely to trade in cautious mode next week as investors will be focusing on the release of Malaysia’s first-quarter 2021 (Q1 2021) gross domestic product (GDP) next week.

Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said Malaysia's Q1 GDP is expected to show a decline compared to the same period last year, to reflect the full impact of the movement control order (MCO) felt in the whole month of February this year.