PETALING JAYA: The general outlook of the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) remains bright, according to some local and foreign brokerages.
AmResearch Sdn Bhd, amongst the brokerages which join the upbeat prognosis, had raised its fair value for the FBM KLCI to 1,350 points from 1,190 based on 2010’s price earnings (PE) ratio of 16.5 times.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!