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Nomura raises FBM KLCI year-end target to 1,900

Nomura raises FBM KLCI year-end target to 1,900

KUALA LUMPUR (Jan 22): Malaysia’s stocks likely to continue bullish momentum this year driven by factors including growth in exports, earnings recovery, foreign inflows, and improved corporate balance sheets, according to a Jan 22 Nomura report by analysts led by Tushar Mohata.

* Top picks: CIMB, Axiata, Malaysia Airports, AirAsia, Muhibbah, Genting, Genting Malaysia, Mynews Holdings, Dialog, Sunway Construction, Public Bank and Tenaga

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