kenanga Investment Bank Berhad Head of research Chan Ken Yew at the Media briefing on K&N Kenanga Market Outlook Q3 2013 at Kenanaga International office in Kuala Lumpur on Wednesday, 3 July 2013. Brian Moh/The Star.
KUALA LUMPUR: The benchmark FBM KLCI may be due for a correction this quarter as valuations were not sustainable although the downside should be well-supported by strong liquidity in the banking system.
Kenanga Investment Bank Bhd
research head Chan Ken Yew said the index was trading at a mere 3.5% discount to its consensus target of 1,840.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
