KUALA LUMPUR: Bursa Malaysia is expected to remain weak in the day ahead following its close below the 1,400-point psychological support in the previous session.
US policymakers in support of the bipartisan deal to raise the debt ceiling are facing a hurdle in the form of GOP hardlines who have slammed the deal and vowed to vote against the bill in a House vote on Wednesday.
Anxieties over whether the deal will be pushed through and prevent a historic default sent the Dow Jones Index falling 0.15% overnight, although the Nasdaq Index remained afloat on the back of a rally in chipmaker Nvidia.
According to investment research firm TA Securities Research, trading is expected to stay choppy on the domestic market amid lingering worries over the US bill vote and uncertainty about the future path of interest rates.
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