Market wobbles ahead of Bank Negara's OPR decision


KUALA LUMPUR: Investors remained in an uncertain mood on Thursday ahead of Bank Negara's announcement of the overnight policy rate (OPR) later today.

Having priced in expectations of a 25 basis point price hike, investors were staying to the sidelines although there was bargain-hunting in certain sectors, especially after Wall Street's strong rebound overnight on remarks by the Federal Reserve's vice chair Lael Brainard that the central bank is cognisant of the risks of overtightening.

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Bursa Malaysia , FBM KLCI , equities

   

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