Cautious trading on Bursa to continue


The FBM KLCI closed higher on Friday after a roller-coaster trading session.

KUALA LUMPUR: Bursa Malaysia is expected to continue its cautious trading this week, despite the recent uptrend, as investors are wary of persistent global inflation, economic growth outlook and the ongoing war in Ukraine.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng expects the benchmark index to trend sideways, within the 1,540-1,555 range, this week.

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