Malaysia Stock Market Likely To Remain Rangebound On Monday

The Kuala Lumpur Composite Index is trading just above the 1,710 level after advancing in two of the past three sessions following a two-day slide that erased more than 20 points (about 1.1%). The note is a short market update on recent price swings and does not convey new catalysts or economic data likely to move markets materially.

Analysis

The Kuala Lumpur Composite Index is trading just above the 1,710 level after advancing in two of the past three sessions following a two-day slide that erased more than 20 points (about 1.1%). The note is a short market update on recent price swings and does not convey new catalysts or economic data likely to move markets materially.