Kenanga Research has maintained its end-calendar year 2024 (CY2024) FBM KLCI target of 1,700 points, based on 16 times CY2024 earnings (+16.2%).
In a market strategy note on Friday, the research house projected KLCI’s earnings growth to moderate to 8.1% in CY2025.
TheEdge28 Jun, 2024 09:34am - 5 days