Affin Hwang Investment Bank Vice President/Head of Retail Research Datuk Dr Nazri Khan Adam Khan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) would remain buoyant and touch 1,730.
KUALA LUMPUR: The influx of foreigners buying into the cash market, which currently stood at about RM7bil, is expected to have a positive spillover on the derivatives market.
Bursa Malaysia Derivatives Bhd chief executive officer Jamaluddin Nor Mohamad said more activities were expected to take place in the derivatives market as investors used the platform to hedge their exposure in the equity market.
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