FBM KLCI to consolidate sideways next week- economist
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to consolidate sideways next week due to the weakening of the ringgit along with the Middle East tension and pressure from the global bond market rout. Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan said the benchmark index might move within a […]
Bursa Malaysia set to continue downtrend next week on weaker sentiment : Economist
KUALA LUMPUR: Bursa Malaysia is likely to trend lower next week amid rising interest rates, higher oil prices and the stronger US dollar. Inter-pacific Asset Management Bhd chief economist and fund manager Datuk Nazri Khan said the US Treasury bond rout has bolstered the view that the US Federal Reserve (Fed) would call for more rate rises […]
Bursa Malaysia likely to ease to 1,400 level next week
KUALA LUMPUR: Bursa Malaysia will likely move on a downward trend next week, easing to 1,400 points from the current 1,420 points, as most stocks are struggling to find their next direction. Inter-pacific Asset Management Bhd chief economist and fund manager Datuk Nazri Khan said investors have raised their expectation that the United States Federal […]
Bursa Malaysia likely to trend lower this week amid cautious market sentiment
KUALA LUMPUR: Bursa Malaysia is likely to trend lower this week amid cautious market sentiment as investors are concerned about the bearish economic outlook, an analyst said. Chief economist and fund manager of Interpacific Asset Management Bhd Datuk Nazri Khan said the high-interest rate environment could also further dent the economic outlook, leading to a […]
Bursa Malaysia seen higher next week on continued bullish sentiment
KUALA LUMPUR: Optimism about the outlook of US interest rates and China’s improving economic prospects are set to drive Bursa Malaysia higher next week. Chief economist and fund manager of Interpacific Asset Management Bhd Datuk Nazri Khan noted that the barometer index has managed to stay above the 1,450 psychological level despite recent volatility due to […]
Bursa Malaysia bucks regional trend, CI ends at intraday high
KUALA LUMPUR: Bursa Malaysia bucked the regional trend to close higher today, with its key index rebounding from a two-day losing streak, thanks to improved risk appetite in selected heavyweights. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), which recovered during the afternoon session, rose 5.78 points to finish at an intraday high of 1,608.35 […]
