KUALA LUMPUR: Bursa Malaysia FBM KLCI index has high potential to recover this year backed by strong gross domestic product outlook and better corporate earnings.
Kenanga Investors Bhd’s chief investment officer Lee Sook Yee said continuous reform and divestment of non-core investment in government-linked companies (GLCs) could see further unlocking of the stocks’ value. More than half of the top 30 companies in the KLCI are GLCs.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!