PETALING JAYA: Strong growth from overseas units may boost sentiment on local big banks like Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, as well as regional mobile player Axiata Group Bhd, ahead of the their latest quarterly results to be released later this month.
But with foreign investors still shying way from Bursa Malaysia, brokers believe any significant upside for the benchmark index will be capped.
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