Malaysian shares expected to be subdued

Malaysian shares are likely to remain subdued but interest in commodities-linked stocks could help, analysts said on Friday. "Shares are likely to be flat next week as there are not many catalysts around, with the key index trading in a tight range of between 10 and 20 points," said Goh Han Hau, a research manager at Kenanga Investment Bank.
"Any pullback would be a good opportunity to buy," Goh said. Plantation and energy stocks are expected to continue to outshine the broader market given record-high crude oil p in crude oil prices will continue to encourage buying in plantation and oil and gas stocks, and hence shore up the index," it said. Crude palm oil prices follow movements on the crude oil markets. Plantation stocks account for about 20 percent of the Malaysian bourse by market capitalisation.