KUALA LUMPUR: Online equity broker Rakuten Trade Sdn Bhd expects the FTSE Bursa Malaysia KLCI (FBM KLCI) to rebound to the 1,800 level next year driven by better corporate earnings and reversal of foreign outflow trends.
Head of research Kenny Yee said corporate earnings are expected to grow 6.1 per cent next year boosted by the revival of mega projects.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
