Kim Eng sees Bursa hitting 1,940 by year-end


GEORGE TOWN: Bursa Malaysia is expected to hit 1,940 points by the year-end from about 1,860 currently, as foreign funds are expected to make a comeback soon.

“About RM5bil in foreign funds have moved out of Malaysia since last May. So it should be time for the funds to make a comeback,” Maybank Kim Eng Research Pte Ltd executive director Ong Seng Yeow said.

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Business , Bursa Malaysia , Maybank , banking

   

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