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.
Bursa Malaysia is likely to move higher this week, supported by returning global investors, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) moving between 1,460 and 1,480, said a dealer.
Bursa Malaysia is expected to trade sideways this week, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) moving between 1,430 and 1,460 amid the uncertain regional performance, an analyst said.