Second half 2023 likely bodes well for Bursa

“When people view Malaysia as attractive or cheap, they typically compare it with its historical valuation trend," says Tradeview Capital's Wong.

SOME analysts and fund managers are adamant that the local bourse is undervalued and most importantly, has been underperforming.

A cursory search on Bloomberg reveals that the FBM KLCI’s current price-earnings ratio (PE) has generally kept pace with its regional peers.

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