Rakuten Trade increases FBM KLCI 2024 target to 1,780, sees Bursa Malaysia to lead in Asean

KUALA LUMPUR: Brokerage firm Rakuten Trade Sdn Bhd anticipates that the FTSE Bursa Malaysia KLCI (FBM KLCI) will rise to 1,780 by year-end, an increase from July’s estimate of 1,730.

This positive outlook is attributed to strong institutional and foreign interest, positioning Bursa Malaysia as a leading performer in the ASEAN region.