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Tajuk : FBM KLCI seen to revisit record high
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FBM KLCI seen to revisit record high
KUALA LUMPUR: The current rally in the FBM KLCI is expected to continue as the election drumbeat gets louder coupled with the strengthening of the ringgit.
The benchmark index had gained 9.11% year to date (YTD) to close at 1,791.31 points last Friday — about 100 points or 5.6% away from the record high of 1,892 points — against last year’s closing of 1,641.73 points on Dec 30, 2016.
On a 52-week basis, the FBM KLCI has been trading between 1,611.88 and 1,796.75 while its percentage change for a year is at 10.92%.
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