FBM KLCI to trend towards 1,900 points next week


  • Business
  • Saturday, 03 May 2014

Affin Investment Bank Vice-President/Head of Retail Research Dr Nazri Khan said local optimism will be driven by European Central Bank and Bank Of Japan's aggressive fiscal stimulus as well as encouraging US economic data.

"Global stocks are steady after the Federal Reserve continued to reduce its monthly bond buying by a mild amount and this indicated the economy was improving at a modest pace," he told Bernama.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia higher at midday on ringgit's strength
EP Manufacturing unit inks assembly agreements with XPeng
Kenanga IB ups stake in Halogen Capital in latest funding round
Orkim shares climb with institutional investors taking substantial stake
Foreign buyers extend net buying in Asian markets
China's factory output, retail sales weaken in November
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
Ringgit maintains upward trend, trade firmer against US$
Stocks slip as traders reduce exposure ahead of central bank meetings, key data
FBM KLCI slips after previous-week rally

Others Also Read