KUALA LUMPUR (Dec 3): Bursa Malaysia is likely to trend higher next week, to retest the 1,500 mark, on improved sentiment despite the regional market volatility, said an analyst. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng expects the FTSE Bursa Malaysia KLCI (FBM KLCI) to trend within the 1,480-1,510 range. "Technically, the FBM KLCI will remain sideways with a trading range of between 1,465 and 1,500," Leong said. Weekly turnover shrank to 15.39 billion units worth RM12.23 billion from 22.82 billion units worth RM13.19 billion in the previous week. Warrants volume fell to 1.44 billion units worth RM247.57 million from 1.84 billion units worth RM249.65 million previously.
