Bursa Malaysia to trend lower next week
The FBM KLCI dipped to its three-year low yesterday, as a result of investors adjusting their position due to the trade tensions. — Picture by Hari Anggara
“We have seen Chinese stocks lead Asia-Pacific equities higher into green territory on Friday despite the US hiking duties on US$200 billion worth of Chinese products. On the domestic front, Dr Nazri Khan said he expected the latest political headlines to lend some cushion. “The objective of the Pakatan Harapan government to share the prosperity would be the main catalyst to boost the equity growth that benefits all levels of society,” he said.
Weekly turnover increased to 12.71 billion units valued at RM9.87 billion from 10.39 billion units valued at RM7.94 billion last Friday.
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