MIDF Research: Malaysia’s equity market to continue positive momentum in 2H2024 

Quick Summary:

KUALA LUMPUR, June 26 — MIDF Research anticipates Malaysia’s equity market will continue its positive momentum in the se...

It also noted that local corporate earnings remain healthy going forward against the backdrop of a broader (both domestic and external demand) rise in macroeconomic activities amidst declining price pressure and a stable interest rate environment.“In this regard, the consensus earnings of FBM KLCI are expected to grow by +5.3 per cent this year and +7.9 per cent next year,” MIDF Research added.

MIDF Research said it expects to see a resumption of foreign fund inflows as early as in third quarter of this year.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaMali

Topics: Equity market Midf research

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 14:46:38 (5 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 12 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 21399551

View Article Analysis

About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 6 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 12 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

Publisher Details

Frequently Asked Questions