Bursa Malaysia likely to trade with upside bias next week, FBM KLCI seen in 1,710-1,740 range

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng expects the FTSE Bursa Malaysia KLCI (FBM KLCI) to remain on a gradual upward trajectory and trade within the 1,710-1,740 range, aided by continued institutional and foreign buying interest.

“Entering August, which is the corporate earnings season, market sentiment could improve if companies deliver results that exceed expectations,” he told Bernama.

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