KUALA LUMPUR: Bursa Malaysia is expected to continue its cautious trading this week, despite the recent uptrend, as investors are wary of persistent global inflation, economic growth outlook and the ongoing war in Ukraine. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng expects the benchmark index to trend sideways, within the 1,540-1,555 range, this week. The benchmark index added 0.36% or 5.61 points to end at 1,546.76. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng expects the benchmark index to trend sideways, within the 1,540-1,555 range, this week. Weekly turnover increased to 15.03 billion units valued at RM9.77bil against 14.33 billion units valued at RM9.26bil the previous week.

Source: The Star May 30, 2022 08:09 UTC