KUALA LUMPUR (Bernama): Key market index FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to continue testing the 1,500-point psychological level this week, with a sustained breakout likely to boost investor confidence and attract foreign inflows.
Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said he remained optimistic about the local bourse’s near-term prospects, noting that sentiment remains buoyant, underpinned by a stronger ringgit, attractive equity valuations, and improving market conditions.
