Bursa Malaysia to see cautious trading this week amid US-China trade war, says analyst

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Bursa Malaysia to see cautious trading this week amid US-China trade war, says analyst
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KUALA LUMPUR : Bursa Malaysia is expected to see cautious trading from Monday , with the FTSE Bursa Malaysia KLCI set to fluctuate between 1,580 and 1,600 points, said an analyst.

SPI Asset Management managing partner Stephen Innes said Bursa Malaysia headed into the weekend riding a wave of optimism, buoyed by"trade war lite” expectations and a broader bounce in Asian sentiment, thanks in part to the artificial intelligence -fueled tech frenzy ignited by DeepSeek. "As long as that mindset holds, we’re unlikely to see a major sell-off in local shares. However, the risk of further tariffs remains, and that lingering uncertainty means investors will likely stay in a wait-and-see mode, cautiously optimistic but certainly not overcommitted.

The US, however, imposed an additional 10 per cent tariff on Chinese imports as part of the ongoing trade measures.

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