Bursa likely to see range-bound trading this week


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KUALA LUMPUR: Bursa Malaysia is expected to be range-bound this week as investor sentiment is likely to remain cautious due to market volatility, a dealer told Bernama.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said foreign funds were expected to continue accumulating local stocks to take advantage of the low valuations against regional peers, the national news agency reported.

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