CIMB bullish on local stock market, sees FBM KLCI hitting 1,820


Uptrend: The benchmark FBM KLCI has been on an upward trend since before Christmas amid expectations of stronger economic growth.

PETALING JAYA: There is a strong case for a more bullish Malaysian stock market this year but this comes with caveats.

The benchmark FBM KLCI has been on an upward trend since before Christmas amid expectations of stronger economic growth with analysts pointing to better trade data in the last quarter of 2017 as part of the positive push boosting investor sentiment.

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Business , CIMB Research , KLCI , earnings , growth , inflation

   

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