KLCI to rise as foreign funds diversify away from US markets

Italia Notizia Notizia

KLCI to rise as foreign funds diversify away from US markets
Italia Ultime Notizie,Italia Notizie
  • 📰 fmtoday
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

KLCI to hit 1560 by end-2023 as foreign funds eye emerging markets, as Wall Street risks rise.

Rakuten Trade research head Kenny Yee says foreign funds are taking advantage of low valuations and weak currencies within the region to diversify their portfolios.

“There is more risk than reward on Wall Street at the moment, and come November, if there’s another rate hike, Wall Street will see another sharp decline. He said this is happening because most of the funds flowing into Malaysia are long-term, and not the short-term “day trippers”. Yee added valuations within the Asean market is below their historical average, with the FBM KLCI hovering at 15 times price-earnings ratio which is below the five-year average of 17.3 times.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

fmtoday /  🏆 5. in MY

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

RIP Starfield Magic Mud Puddle (2023-2023)RIP Starfield Magic Mud Puddle (2023-2023)‘The brightest stars burn the fastest, so we must love them while we can’
Leggi di più »

Kronos Tranung Junior Cup dapat sokongan padu, peluang jadi penaja masih dibukaKronos Tranung Junior Cup dapat sokongan padu, peluang jadi penaja masih dibukaKejohanan Kronos Tranung Junior Cup 2023 melibatkan penyertaan 32 pasukan bawah usia 12 tahun.
Leggi di più »

Jackson ungguli peringkat ketiga, Aiman rampas jersi putih LTdL 2023Jackson ungguli peringkat ketiga, Aiman rampas jersi putih LTdL 2023BALING: Laluan berbukit pada perlumbaan peringkat ketiga Le Tour de Langkawi (LTdL) 2023 yang berlangsung dari Jeli ke Baling
Leggi di più »

LTdL 2023: Giant Cycling Team van turns turtle, three riders escape serious injuriesLTdL 2023: Giant Cycling Team van turns turtle, three riders escape serious injuriesBALING, Sept 25 — A van carrying the three Giant Cycling Team riders was involved in an accident during Stage Three of the Le Tour de Langkawi (LTdL) from Jeli, Kelantan to...
Leggi di più »

LTdL 2023: Van bawa pelumba Giant Cycling Team terlibat kemalanganBALING: Sebuah van yang membawa pasukan Giant Cycling Team terbabit dalam kemalangan semasa perlumbaan peringkat ketiga Le Tour de Langkawi (LTdL) dar...
Leggi di più »



Render Time: 2025-04-06 06:16:54