PETALING JAYA: Despite the stock market adage: sell in May and go away, technical analysis indicate that Malaysia’s stock market is likely to test a record high this week.
According to technical analysts, near-term indicators suggest that the benchmark FTSE Bursa Malaysia KL Composite Index (FBM KLCI) will likely rewrite its all-time high of 1,882 that was recorded on Dec 31, 2013.
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!
