FBM KLCI likely to move in 1,580-1,600 range next week


KUALA LUMPUR: The key index of Bursa Malaysia is expected to hover between 1,580 and 1,600 next week, as sentiment continued to be clouded by the surging Covid-19 cases in the country.

Rakuten Trade Sdn Bhd head of equity sales Vincent Lau said investor sentiment remained fragile as the rising cases had sparked fears of another full lockdown among market players.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

CPO futures likely to trade lower on profit-taking next week
Oil notches weekly gains ahead of Opec+ decision
Hektar-REIT focuses on strengthening portfolio
Timber furniture sales cool as demand softens in US, Europe
Fading population dividend
CTOS eyes new overseas markets to drive growth
Big wins for billionaire Ambani in Disney tie-up
HAS inks deal for five new Airbus helicopters
Positive outlook for luxury condo market
China quants making big cap bets weather turmoil

Others Also Read