KUALA LUMPUR: MIDF Equities Research is maintaining its year-end target for the FBM KLCI to be 1,800 as the local market may soon follow the broad regional trend as the quantity easing (QE3) liquidity rollback is expected to be in mid-September.
It said on Thursday the liquidity impact of impending QE3 taper on the local market, FBM KLCI in particular, has so far been more muted than earlier expected.
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