Malaysian stocks expected to stage further rebound this week


THE FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to stage a further rebound this week following the global stock market recovery and European optimism, a dealer said.

The rebound will be driven by the unexpected dovish policy of the Bank of England and European Central Bank, easing credit concerns in China and hopes that the US Federal Reserve may hold back from reducing stimulus.

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