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Rakuten keeps FBM KLCI target at 1,770 on power, grid investments

KUALA LUMPUR: Rakuten Trade Sdn Bhd is maintaining its end-2026 FTSE Bursa Malaysia KLCI (FBM KLCI) target at 1,770 points, seeing stronger earnings visibility from power and grid investments than the semiconductor cycle.

Rakuten keeps FBM KLCI target at 1,770 on power, grid investments

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