Analysts relayed mixed outlooks for their FBM KLCI targets after Prime Minister Tan Sri Muhyiddin Yassin announced a 14-day total lockdown from tomorrow. Hong Leong Investment Bank (HLIB) cut its previous KLCI target of 1,740 points to 1,660, using the first movement control order (MCO 1.0) as a cue on potential market reaction.
HLIB cuts KLCI target to 1,660 as others cautiously maintain forecasts on vaccine optimism
2021-05-31T05:52:22-04:00May 31st, 2021|
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