THE KLSE Composite Index (CI) could gain more than 140 points over the next 6-12 months to hit 880, the head of an investment fund said yesterday.
Despite the CI’s double-digit rise over the past three months, the Malaysian market had under performed compared with other regional markets like Thailand and Singapore, making it an attractive proposition for – and one of the primary beneficiaries of – any inflow of foreign funds into emerging markets, Pacific Mutual Fund Bhd chief executive officer Michael Auyeung said.
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