MIDF Research reiterates FBM KLCI year-end target of 1,830
KUALA LUMPUR (Aug 10): The local market is expected to be on the uptrend, albeit at a slower climbing pace than that seen during the first half of the year, underpinned by continuous earnings expansion this year and also for the year 2018, according to MIDF Amanah Investment Bank Bhd Research.
In its strategy report today, the MIDF Research team said the FBM KLCI has been on a gradual uptrend since the beginning of the year, where it almost hit 1,800 points on June 16.
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