The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) started 2011 at the closing record of 1,533.42 points. Many analysts positive on 2011 outlooks with some targeting FBM KLCI to hit as high as 1710 points.
Below are some of the factors on the positive outlooks.
- Early general election in 2011
- More foreign funds coming
- Impact on 10th Malaysia Plan (10MP) and Economic Transformation Programme (ETP)
The table below is the FBM KLCI 2011 year end target from various research houses or brokers. If you have data from other brokers, kindly leave in the comment fields below.
| Research House | FBM KLCI Target End 2011 |
|---|---|
| Affin Investment Bank | 1630 |
| AmResearch | 1620 |
| CIMB Research | 1700 |
| Citigroup | 1650 |
| ECM Libra | 1650 |
| HwangDBS Vickers | 1650 |
| Maybank Investment Bank | 1710 |
| MIDF Amanah | 1650 |
| MIMB Investment Bank | 1645 |
| Nomura Securities | 1703 |
| OSK Research | 1648 |
| RHB Research | 1700 |
| UOB Kay Hian | 1654 |