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Trading activity on Bursa Malaysia is expected to be cautious from Monday (Sept 6) as investors will be closely watching domestic and global economic developments, with the FTSE Bursa Malaysia KLCI (FBM KLCI) expected to be between 1,585 and 1,605 points.
But volatility remains in short term due to Covid-19 cases and external risks
THE FBM KLCI closed above 1,600 points this week for the first time in five months since March 23, 2021.
KUALA LUMPUR: A late surge in the FBM KLCI on Friday pushed the index to a strong close after a day of volatile trading.
KUALA LUMPUR: The FBM KLCI retraced its earlier gains to end the morning session on a flat note, reflecting the growing caution over equities prices following the recent rally.
KUALA LUMPUR: Bursa Malaysia started on a strong footing on Friday as investors bought up bargains following two days of declines.
KUALA LUMPUR: The FBM KLCI failed to hold on to its gains generated in early trade as weaknesses were evident amongst banking and plantation counters.
KUALA LUMPUR: The rebound on the FBM KLCI lost steam by mid-morning to return to negative territory as profit-taking pressure pulled equities prices lower following the end of the corporate earnings season.