Bursa Malaysia is expected to trade in a quieter tone next week with the key index moving in a tight range due to the Chinese New Year and Federal Territories holidays.
At the same time, fears over the variants of COVID-19 and surging new cases also continued to weigh on the market. On the index board, the FBM Emas Index was down 58.21 points to 10,901.04, the FBMT100 Index erased 58.29 points to 10,607.16, and the FBM Emas Shariah Index lost 80.61 points to 11,580.59.Sector-wise, the Financial Services Index added 3.03 points to 15,779.64, the Plantation Index eased 49.17 points to 6,650.11, and the Energy Index improved 15.31 points to 741.19.
The Main Market volume slipped to 7.37 billion shares worth RM7.82 billion versus 7.78 billion shares valued at RM7.79 billion.
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