Inter-Pacific Asset Management Sdn Bhd executive director and fund manager Datuk Nazri Khan Adam Khan said the benchmark index is expected to reach 1,450 points next week on the back of improving investors' sentiment amid stronger economic data reported earlier this week.
The labour force situation in May 2022 also remained resilient registering a month-on-month increase in the labour force with 0.2 per cent to a record 16.54 million persons, from 16.5 million persons in April. Sector-wise, the Plantation Index gave up 289.86 points to 6,634.86, the Industrial Products and Services Index lost 8.86 points to 172.83, and the Energy Index was down 48.04 points to 636.44.
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