DESPITE the lacklustre performance over the week, the Malaysian equity market appears poised for a near-term rally, with favourable conditions aligning to support a bullish market outlook for the FBM KLCI.
Positive factors such as a strengthening ringgit, anticipation of further cuts in US interest rates, sustained foreign fund inflows, improving investor sentiment and a resilient domestic economy are expected to drive the momentum in the near-term.
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