Cautious trading seen on Bursa Malaysia next week

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KUALA LUMPUR, March 25 — Bursa Malaysia is likely to trend at the current level next week on cautious trading amid uncertainties in the global market due to lingering banking...

KUALA LUMPUR, March 25 — Bursa Malaysia is likely to trend at the current level next week on cautious trading amid uncertainties in the global market due to lingering banking stability concerns.

Bursa Malaysia has been on a downtrend during the week just ended amid the banking crisis in the United States . On the index board, the FBM Emas Index fell 78.22 points to 10,258.18, the FBMT 100 Index lost 77.05 points to 9,951.83, the FBM Emas Shariah Index eased 68.03 points to 10,599.21 and the FBM 70 Index discounted by 67.93 points to 13,297.72.Sector-wise, the Financial Services Index dropped 90.19 points to 15,449.52, the Energy Index fell 19.98 points to 802.88, the Industrial Products and Services Index was 4.51 points lower at 165.54 and the Plantation Index decreased 158.39 points to 6,713.93.

 

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