Bursa Malaysia likely to tread on cautious note next week

KUALA LUMPUR: Bursa Malaysia is likely to trade on a cautious tone next week as investors are looking at the release of economic data including Malaysia’s first-quarter gross domestic product (GDP) next week.

AxiTrade chief global market strategist Stephen Innes said the market is pricing in complacency around the United State-China trade talks as there is still a level of caution until US President Donald Trump gives the all-clear that some level of traffic won't be reinstated on China.