Bursa to do better in 2017 as earnings rebound

Some analysts expecting the key benchmark FBM KLCI to end 2017 at around 1,720-1,750 points.

PETALING JAYA: Shares on Bursa Malaysia will likely trend higher next year, with some analysts expecting the key benchmark FBM KLCI to end 2017 at around 1,720-1,750 points.

The positive trend, said experts, is due in part to the expected rebound in corporate earnings next year from a low base and the prevailing inexpensive valuations of the Malaysian bourse.