Bursa Malaysia seen to consolidate as bargain hunting emerges
KUALA LUMPUR: Bargain hunting is expected to emerge gradually on Bursa Malaysia next week as valuations become more attractive following a recent decline, according to Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.
Bursa Malaysia is anticipated to consolidate as bargain hunting emerges, according to Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng. Following a recent decline, valuations are becoming more attractive, which could lead to selective accumulation and a technical rebound in the FTSE Bursa Malaysia KLCI. Investors will monitor Malaysia's third quarter 2026 GDP, October inflation, trade data, China's industrial production and retail sales figures, and the US Federal Reserve's October meeting minutes for further indications of economic resilience.
Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
