Bursa set to sustain positive momentum

HLIB Research said the stock market’s downside was likely to be well-cushioned with key support at 1,465-1,484 levels. — Bloomberg

PETALING JAYA: Despite closing lower yesterday, Malaysian equities are expected to remain on a bullish trajectory in the near term as sentiment improves, spurred by domestic economic stimulus policies and potentially easier monetary policies overseas, among other things.

Amid the positive momentum, the FBM KLCI could potentially stage a decisive breakout and rise to at least near 1,520 points.