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Malaysian stock market to stay in consolidation phase till 2H19


KUALA LUMPUR: Malaysia’s equity market is expected to remain in a consolidation phase for at least until the end of June this year.

According to UOB Asset Management (M) Bhd (UOBAM), the benchmark FBM KLCI will likely be range-bound between 1,650 and 1,700 points over this consolidation phase before the uptrend resumes.

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