"Sesungguhnya Allah dan para Malaikat berselawat ke atas Nabi S.A.W, wahai orang-orang yang beriman, ucapkanlah selawat dan salam penghormatan ke atas Nabi Muhammad S.A.W"-Allahumma Solli'ala Sayyidina Muhammad-

Monday, January 3, 2011

2011 Year End KLCI Target

Maybank Investment Bank Bhd,
We are finalising our new end-2011 FBM KLCI target, with upside potential from the current target of 1,660 points. Chart-wise, we see 1,618, 1,673 and 1,710 as potential target areas for the index.

Am Research and ECM Libra
Still, analysts generally expect this year to end with further – albeit limited — gains for the stock market. According to feedback from research houses received by The Edge Financial Daily, the targets for the headline index range from 1,620 to 1,870

OSK Research
We expect a better 1H11 with a KLCI fair value of 1,648 or 10% upside leading to our Buy call on Malaysia.

ING Fund Bhd
Our base case supports an index target of 1,650, based on our projected corporate earnings growth of +15% for this year pegged to an average five-year PER of 15.5 times. This gives a market return of about 10% for this year, which we believe is more realistic

No comments: