Bursa likely to trend higher on foreign funds


An investor monitors share market prices in Kuala Lumpur. FAIHAN GHANI/The Star.

KUALA LUMPUR: Bursa Malaysia is likely to trend higher this week, recovering from profit-taking last Friday to ride on a better risk appetite especially from foreign buyers.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng reckoned market sentiment to remain positive with the FBM KLCI likely to break the 1,500 level again soon.

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