FBM KLCI to trend towards 1,900 points next week


  • Business
  • Saturday, 03 May 2014

Affin Investment Bank Vice-President/Head of Retail Research Dr Nazri Khan said local optimism will be driven by European Central Bank and Bank Of Japan's aggressive fiscal stimulus as well as encouraging US economic data.

"Global stocks are steady after the Federal Reserve continued to reduce its monthly bond buying by a mild amount and this indicated the economy was improving at a modest pace," he told Bernama.

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