Bursa set to continue uptrend

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng sees the buying momentum continuing going forward as foreign funds continue to flow into the region while valuations on the local market remain attractive compared to regional peers.

KUALA LUMPUR: Bursa Malaysia is expected to continue to head north this week, supported by positive local and global economic developments, with the benchmark index seen hovering within the 1,530-1,550-point range, a dealer said.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng sees the buying momentum continuing going forward as foreign funds continue to flow into the region while valuations on the local market remain attractive compared to regional peers.