KUALA LUMPUR: The outlook for Malaysia's economy remains positive for this year, as such, CGS International Securities Malaysia Sdn Bhd has set an end-2026 KLCI target of 1,810, supported by a strengthening ringgit and encouraging policy impacts.
Its chief executive officer, Khairi Shahrin Arief Baki said the stronger ringgit has improved gross margins for corporates exposed to imported content and lowered interest costs for those with foreign borrowings, while boosting consumer sentiment at the same time.
