FBM KLCI likely to consolidate sideways on weakening ringgit
KUALA LUMPUR: The FBM KLCI is expected to consolidate sideways this 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 tight […]
Bursa Malaysia to consolidate sideways this week, says economist; should stay around 1,430 and 1,450 level
KUALA LUMPUR (Bernama): The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to consolidate sideways this 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 […]
Bursa Malaysia set to rebound this week
KUALA LUMPUR: Bursa Malaysia is expected to rebound amid bargain-hunting activities this week, driven by improved risk appetite in the market post-Budget 2024. Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan said he is expecting the FBM KLCI to do an oversold rebound and remain on the ascend, climbing past […]
Bursa Malaysia set to rebound this week on bargain hunting, says economist
KUALA LUMPUR (Bernama): Bursa Malaysia is expected to rebound amid bargain-hunting activities this coming week driven by improved risk appetite in the market post-Budget 2024. Inter-Pacific Asset Management Bhd chief economist and fund manager Datuk Dr Nazri Khan said he is expecting FBM KLCI to do an oversold rebound and remain on the ascend, climbing […]
Bursa Malaysia likely to trend lower this week amid cautious market sentiment
KUALA LUMPUR (Bernama): Bursa Malaysia is likely to trend lower from Monday (Sept 25) 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, […]
Bursa Malaysian expected to go higher from Monday (Sept 18) onwards on continued bullish sentiment
KUALA LUMPUR (Bernama): Optimism about the outlook of US interest rates and China’s improving economic prospects are set to drive Bursa Malaysia higher this 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 […]