Analysts cut FBM KLCI year-end target

  • Business Premium
  • Thursday, 03 Sep 2015

They cite weak corporate earnings season, underlying risks

PETALING JAYA: Analysts have broadly cut their end-2015 target for the benchmark FTSE Bursa Malaysia KL Composite Index (FBM KLCI) by around 90 to 220 points, following a weak corporate earnings season for the quarter ended June, and after taking into consideration the ongoing underlying risks in the wider economy.

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