Index likely to close only slightly above 1,600

Areca Capital's Wong thinks the market’s performance ahead would be driven by the third-quarter corporate results.

PETALING JAYA: Malaysia’s stock market is limping toward the year’s finish line, with the benchmark FBM KLCI hovering around levels that are well short of bullish forecasts made just 10 months ago.

The index fell about 2% year-to-date, painting a starkly different story across the region.