CIMB Research sees 2016 as recovery for Bursa Malaysia


UOB Kay Hian Malaysia Research expects Malaysian equities to be energised in 1H17 by a firmer ringgit and general election buzz.

KUALA LUMPUR: CIMB Equities Research expects 2016 to be a year of recovery for the Malaysian stock market.

In its strategy report issued on Wednesday, it maintained its end-2015 and end-2016 KLCI targets, which are still based on 15.5 times P/E target.

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