Panellists mixed on possible market similarities with 1993


  • Business
  • Thursday, 26 Jun 2003

STAR: Are you equally upbeat onthe KLSE, KC? 

Kok: Personally, I am very bullish.There are actually a lot of similaritiesbetween this year and 1993,although of course, we may not beable to get the kind of PER rating weused to have in 1993. Just to recap,the index doubled in 1993 from 634points to 1275 points. Of course,that was basically powered by thefact that US funds were coming toAsia. There are actually some similaritiesto 1993 that I want to pointout. 

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