File pic of Bursa Malaysia screens. CIMB lowered its end-2015 target for the KLCI to 1,700 from 1,800.
PETALING JAYA: While institutional investors in Hong Kong are “underweight” on Malaysia’s stock market, they see the market now as offering trading opportunities, said UOB KayHian Research.
“Institutional investors whom we met in Hong Kong remained ‘underweight’ on Malaysia, citing the lack of catalysts and expensive valuations,” the brokerage said, noting Malaysia’s appeal as a low-beta market.
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