Rakuten expects FBM KLCI to hit 1,700 by end-2022

CLICK TO ENLARGE

KUALA LUMPUR: Online retail brokerage firm Rakuten Trade expects the FBM KLCI to hit 1,700 level by the end of next year.

This will be driven by the anticipated heightened volatility on the Wall Street market in the United States, which could trigger funds to flow into Asia including Malaysia, says its head of research Kenny Yee.(pic)