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.