AmInvestment upgrades end-2024 FBM KLCI's target to 1,550 points

KUALA LUMPUR: AmInvestment Bank Bhd has made a mild upgrade to its end-2024 target for the FTSE Bursa Malaysia KLCI (FBM KLCI), increasing it to 1,550 points from 1,545 points previously following slight adjustments to banking earnings.

The investment bank said its FBM KLCI earnings projections have been marginally tweaked by one to two per cent for 2024-2025.

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