KUALA LUMPUR: BIMB Securities Research expects Malaysian equities to rebound on Friday after it was oversold on Thursday as investor sentiment should perk up on the firmer overnight close on Wall Street.
The research house said the local market was affected by strong sell-off in regional market as well where the FBM KLCI lost 32.25 points or 1.82% to end at 1,742.87 dragged down mostly by banking stocks.
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