KUALA LUMPUR: Kenanga Investment Bank Bhd
(Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year.
Kenanga IB said Malaysia has historically been a good place to shelter in relative terms compared to ASEAN amid geopolitical risks, and could now also benefit from investor sentiment looking to position away from Indonesia in the short term.
