FBM KLCI to trade above 1,700 points in 2019

  • Markets
  • Wednesday, 5 Dec 2018

KUALA LUMPUR: The benchmark FBM KLCI is expected to trade above the 1,700-level in 2019 on the back of strong domestic fundamentals, said Bursa Malaysia Bhd Chief Executive Officer, Datuk Seri Tajuddin Atan here today.  

He said the market would also be monitoring closely the external environment, including the US-China trade war and interest rates movement.  

"2019 is the year where people expect the market to be a little bit more challenging. But, rest assured, as I see it,  our fundamentals are quite strong," he told reporters after the Investor Relations Awards 2018 here today. - Bernama