KUALA LUMPUR: CIMB Equities Research is maintaining its end-2015 FBM KLCI target at 1,700 while for 2016, its target is 1,850.
The research house said the targets were based on an unchanged three-year moving average price-to-earnings of 15.5 times.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!