Bursa Malaysia seen to continue upward momentum next week

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KUALA LUMPUR: Bursa Malaysia is expected to continue its positive momentum next week although there might be some profit-taking activities, said a tra...

: Bursa Malaysia is expected to continue its positive momentum next week although there might be some profit-taking activities, said a trader.

According to MIDF Research, rate decisions by central banks -- namely the Reserve Bank of Australia on Sept 5, Bank Negara Malaysia on Sept 7 and the European Central Bank on Sept 14 -- would be among the things focused on by traders next week. On the index board, the FBM Emas Index added 154.37 points to 10,816.64, the FBMT 100 Index increased 140.01 points to 10,483.28, the FBM Emas Shariah Index advanced 108.91 points to 10,997.88, the FBM ACE Index lost 46.81 points to 5,228.09 and the FBM 70 Index expanded 207.66 points to 14,333.97.

 

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