Bursa Malaysia to see muted trading as CNY approaches


KUALA LUMPUR: After moving along a horizontal plane for the past seven sessions, the benchmark FBM KLCI is expected to continue its lacklustre movement ahead of the Chinese New Year festivities.

Malaca Securities Research noted that there have been external developments that could affect the investor sentiment, including strong US corporate earnings, which offset the disappointment of the Federal Reserve's signal that it could be keeping interest rate higher for longer.

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

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read