Bursa likely to see cautious trading in coming week, with Fed in focus - News Summed Up

Bursa likely to see cautious trading in coming week, with Fed in focus


KUALA LUMPUR (March 18): Bursa Malaysia is likely to see cautious trading next week, but the attractive valuations of some stocks on the local bourse may attract bargain hunters, said an analyst. Weekly turnover jumped to 17.96 billion units worth RM13.30 billion, against 14.02 billion units worth RM9.72 billion last Friday. The Main Market volume advanced to 11.57 billion shares valued at RM11.13 billion, from 9.24 billion shares valued at RM8.16 billion a week ago. Warrant turnover rose to 2.26 billion units worth RM363.11 million, from 1.76 billion units worth RM303.70 million previously. The ACE Market volume increased to 4.13 billion shares worth RM1.80 billion, from three billion shares worth RM1.24 billion.


Source: The Edge Markets March 18, 2023 15:12 UTC



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