Lack of momentum in year-end window dressing, say analysts
11 Dec 2023
DECEMBER is typically a month of gains for equities buoyed by window-dressing activities by portfolio managers. In the past five years, the FBM KLCI rose between 0.4% and 4.1% during the month, while the FBM Emas Index and FBM Top 100 Index also saw increases from 2019 to 2022, but not in 2018.
Having declined 2.9% year to date, the FBM KLCI closed at 1,452.74 points last Thursday compared with last year’s 1,495 points.
Lee Weng Khuen (2023, Dec 11) Lack of momentum in year-end window dressing, say analysts
Retrived from https://theedgemalaysia.com/node/692731
