Bullish sentiment in KL market


  • Business
  • Thursday, 19 Feb 2004

THE local stock market appears to be finally playing catch-up with its regional peers which had chalked up substantially higher gains last year. Some analysts in fact expect the KL market to turn from a laggard to a high-flying performer this year. 

“We believe Malaysia has a good chance of becoming one of the best-performing markets this year, together with Taiwan,” said ABN Amro chief Asian strategist Eddie Wong, who has reiterated his overweight call on the Malaysia market. 

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