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.

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