Bursa Malaysia likely to trade sideways

KUALA LUMPUR: The FBM KLCI is expected to remain sideways for now, with a potential for increased trading sentiment due to positive developments on Wall Street.

“Bargain hunting activities may emerge over time as the local bourse may take a cue from the positive developments on Wall Street overnight. The lower liners may also see improved trading sentiment on the back of rebound play,” Apex Securities said.