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Bargain hunting seen on Bursa Malaysia from Monday (Sept 28), likely to trade within the 1,660-1,690 range

Bursa Malaysia is expected to see bargain hunting this week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) likely to trade within the 1,660-1,690 range, said an analyst.

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马来西亚交易所自周一(9月28日)起出现逢低买入机会,预计股价将在1660-1690点区间波动。

KUALA LUMPUR (Bernama): Bursa Malaysia is expected to see bargain hunting this week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) likely to trade within the 1,660-1,690 range, said an analyst.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said investors are expected to remain wary of the Malaysian market as elevated United States Treasury yields could continue to pressure regional fund flows, although the recent correction has brought selected blue-chip valuations to more attractive levels.

Thank you for your report!

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