Affin Hwang believes sustained industrial and data centre expansion in Malaysia remains a key thematic driver for equity market performance.
PETALING JAYA: Affin Hwang Investment Bank Research reaffirmed its “overweight” rating on the local stock market, expecting the FBM KLCI to rebound in the final quarter of this year (4Q25) to hit 1,650 points.
The benchmark index closed at 1,511.95 points yesterday. Year-to-date (y-t-d), the FBM KLCI has declined by almost 8%.
