KUALA LUMPUR: It could be a slow week on the Malaysian market following the end to the corporate earnings period in November as investors await fresh catalysts and trading opportunities.
Kenanga Research noted it could be a fairly quiet week after a hive of activities in November and no key macro data scheduled for release this week.
"On the local political scene, following the naming of a new cabinet team, the focus next will be on the setting of a date to table Budget 2023 in the parliament," said the research firm in its weekly technical review.
Over the coming period, Kenanga said investors could nibble at the second and third liners for trading opportunities as they digest the recent headline gains.
...