Rakuten sees Bursa touching 1,580 by year-end, ringgit up to 4.10 versus US dollar in 2023

Rakuten Trade research head Kenny Yee

PETALING JAYA: The FBM KLCI is expected to touch 1,580 points by year-end, supported by more foreign fund inflows, said Rakuten Trade Sdn Bhd.

Its research head Kenny Yee said the 15th General (GE15), coupled with an expected slower pace of interest rate hikes in the United States (US), would help stabilise regional markets, including Bursa Malaysia.

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Rakuten Trade , Budget 2023 , Kenny Yee , FBM KLCI , construction , ringgit

   

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