Bursa Malaysia likely to trend higher this week


Inter-Pacific Asset Management Sdn Bhd executive director and fund manager Datuk Nazri Khan Adam Khan said the benchmark index is expected to reach 1,450 points this week on the back of improving investor sentiment amid stronger economic data reported earlier last week.

PETALING JAYA: Bursa Malaysia is likely to trade higher this week, partly due to investors scaling back their expectations on the risk of a global slowdown, says an analyst.

Inter-Pacific Asset Management Sdn Bhd executive director and fund manager Datuk Nazri Khan Adam Khan said the benchmark index is expected to reach 1,450 points this week on the back of improving investor sentiment amid stronger economic data reported earlier last week.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Power struggle unfolds at DFCity
Department stores bet on experiences
Singapore roars into the new year
Jakarta set to rise
Enhance local content terms
Asia to lead next AI wave
Sunway’s surprise bid puts IJM in play
China’s gold rush continues
Shield against AI hazards
BizPeople

Others Also Read