Bursa remains on a slide as Fed minutes on the horizon

KUALA LUMPUR: Investors on Bursa Malaysia continue to await the release of the minutes of the latest US Federal Reserve meeting expected later this week for signs of where policymakers stand on monetary policy.

Inflation data continues to be the centre of attention as Apex Securities Research said it expects the downward bias consolidation on the local bourse to continue with investors monitoring the release of US existing homes sales data later tonight.