Bursa to trade range-bound on cautious sentiment

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said investor sentiment would remain jittery although bargain-hunting activities may emerge as well.“As such, we expect the FBM KLCI to be hovering within the 1,560-1,580 range for the week,” he told Bernama.

KUALA LUMPUR: Bursa Malaysia is expected to see range-bound trading this week as investor sentiment is likely to remain cautious due to market volatility and the Russian-Ukraine conflict, a dealer says.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said investor sentiment would remain jittery although bargain-hunting activities may emerge as well.