Too positive too soon for the bourse?

By DOREENN LEONG

AmBank Research has a base-case forecast of 1,545 points for the FBM KLCI by end-2024.

AT the start of a new year, there is a sense of optimism for the local stock market to perform better.

For instance, market consensus predicts the FBM KLCI earnings growth to register around 13.6% this year.

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MYStockMarket2024 , FBMKLCI , EarningsForecast , OptimismCautious , RinggitStrengthening , JohorProjectsBuzz , MegaInfrastructure , USRateCutsImpact , ElectionYearUncertainties

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