Fund managers see short Malaysian market spike


Traders and investors monitoring stock prices at RHB Investment Bank on bank interest rate high in Kuala Lumpur. FAIHAN GHANI/The Star

PETALING JAYA: The FTSE Bursa Malaysia KL Composite Index’s (FBM KLCI) rally yesterday is likely to be temporary amid year-end window-dressing activities by major funds.

Fund managers concurred on this but are mixed on how long the current run-up can last.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Last-minute selling drags FBM KLCI down
SMG sees 9% jump in 3Q revenue
Trump’s economic policies can add RM19.7bil to Malaysia's GDP- Juwai IQI
Sony is in talks to buy media powerhouse behind 'Elden Ring', sources say
Singapore shares hit 17-year high on market revival efforts
Boost launches BoostMyMoney with UOBAM Malaysia
Malaysia raises December crude palm oil export duty to 10%
China expected to leave benchmark lending rates unchanged on Wednesday
Hibiscus Petroleum posts lower 1Q net profit of RM75.6mil
Sirim CEO appointed as WAITRO regional representative for 2025/26 term

Others Also Read