AI Summary
Bursa Malaysia is expected to trade cautiously next week, influenced by Wall Street's reaction to the US Federal Reserve's latest projections. Analysts predict slower growth, higher inflation, and increased unemployment, potentially impacting risk sentiment and growth-sensitive sectors. While uncertainty remains regarding interest rate cuts, the FBM KLCI hovering near 1,500 points could trigger buying opportunities. Market focus will also be on upcoming US economic indicators. Despite the cautious outlook, the index's current valuation below its long-term average suggests potential for appreciation.
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