KUALA LUMPUR (Aug 20): Bursa Malaysia is expected to trade sideways next week, with the benchmark FBM KLCI to move between the 1,500 and 1,520 levels amid positive global market sentiment. Weekly turnover widened to 12.58 billion units worth RM9.33 billion from 11.51 billion units worth RM7.86 billion in the previous week. The Main Market volume was higher at 8.54 billion shares valued at RM7.88 billion against 7.77 billion shares valued at RM6.74 billion in the previous week. Warrant volume rose to 1.61 billion units worth RM241.46 million versus 1.47 billion units worth RM240.25 million last week. The ACE Market volume increased to 2.4 billion shares valued at RM1.21 billion from 2.27 billion shares valued at RM886.35 million the week before.

Source: The Edge Markets August 20, 2022 15:10 UTC