The KL Composite Index is expected to hit 1,300 points next year - a high last reached in 1994. Analysts say the stock market can sustain its rally on the back of a positive economic outlook, implementation of the 9MP projects and a stable interest rate..."
It will be driven by the positive economic outlook, implementation of the Ninth Malaysia Plan projects and a stable interest rate, say analysts.
AmResearch executive director Gan Kim Khoo said the anticipation of a general election in the first quarter of 2008 would also sustain the feel- good factor in the local bourse until the end of 2007
For full story click: Source: Hamid,Hamisah. (2006, Nov. 20). KLCI bull run. News Strait Time. p. 1
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