Bursa Malaysia likely to see muted trading with upside bias this week


KUALA LUMPUR, July 17 (Bernama): Bursa Malaysia is likely to see muted trading with an upside bias this week following the recent heavy sell-off amid increasing market risks and volatility in global equity markets, said an analyst.

Inter-Pacific Asset Management Sdn Bhd executive director and fund manager Datuk Dr Nazri Khan Adam Khan said the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trend between 1,420 and 1,450 next week as mild bargain-hunting could emerge.

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