Thursday, 3 November 2016

Stock trading picks.

 Stock Trading Picks

KUALA LUMPUR : AffinHwang Capital Research has looked after its "Positive" position on Malaysia with a 2017 year-end FBM KLCI focus of 1,760 and said it has not been a typical year in 2016 with the expansiveness of headwinds striking money related markets.

In a methodology note today, the exploration house said Malaysia was not the only one in seeking after a more steady 2017.

"Our evaluation focuses to a Fed stores rate climb turning into a noteworthy center in 2017. We assemble a DCF model to evaluate the effect of a Fed climb on the US securities exchange and the FBM KLCI.

"We have highlighted before that Malaysia is on a fundamentally better balance to climate a Fed climb given its positive investment funds speculation hole, monetary solidification direction, high outside stores, positive loan fee differential over the US and plentiful liquidity in the budgetary framework," it said.

The exploration house said regardless said Malaysia's present record surplus limited in 2Q16, inciting fears of a further decay.

"Our investigation demonstrates this ought to stamp the trough, notwithstanding further outside shortcoming.


"We present our 2017 year-end KLCI focus of 1,760 with sensible upside from current levels. Thus, we stay Positive on Malaysia," it said.

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