Bursa Malaysia to trade cautiously this week

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the firm expects bargain-hunting activity to continue.

PETALING JAYA: Bursa Malaysia is expected to trade cautiously this week, with the composite index set to remain choppy due to the ongoing assessment of the Omicron impact, a dealer says.

Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said from the technical indicators, the index appeared to be in the neutral region.