KUALA LUMPUR, March 9 — Bursa Malaysia is expected to stay in consolidation mode with a slight positive bias next week ahead of important local and US reports. Apex...
For the week just ended, the market was mostly higher in line with the upbeat performance on US Wall Street and regional markets as well as better risk appetite after Bank Negara Malaysia kept the overnight policy rate unchanged at three per cent. — Picture by Choo Choy MayKUALA LUMPUR, March 9 — Bursa Malaysia is expected to stay in consolidation mode with a slight positive bias next week ahead of important local and US reports.
Hence, he expects the key index to trend towards the immediate resistance of 1,558 while the near-term support is pegged at 1,519. Sector-wise, the Financial Services Index surged 193.52 points to 17,368.74, the Energy Index shed 6.08 points to 903.57, the Industrial Products and Services Index eased 1.62 points to 174.16, and the Plantation Index soared 92.47 points to 7,316.33.
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