PETALING JAYA: Bursa Malaysia is likely to trend sideways with slightly positive bias within the 1,470 to 1,490-point range this week, after a strong set of 2022 gross domestic product (GDP) data was released last Friday, a dealer says.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the positive GDP results would boost investor confidence and drive up stock prices, as they could lead to stronger corporate earnings and consumer spending.
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