FBMKLCI likely to test 1,600-point level

Bursa Malaysia is likely to trade higher next week with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) expected to test the 1,600-point level, analysts said. They also said near-term sentiment will hinge on the soon-to-be-released financial sector master plan, results of the Economic Transformation Programme tender outs and banking mergers. Elsewhere, Portugal's sovereign debt, the US debt ...

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Source: Business Times

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