. KUALA LUMPUR: CGS-CIMB Securities Sdn Bhd has reiterated that the FTSE Bursa Malaysia KLCI (FBM KLCI) to end 2022 at 1,612 and expected investors to tread cautiously throughout the year.It said the cautious tone was in view of potential headwinds buffeting the markets in the form of new COVID-19 waves (Omicron), the return of intra-day short-selling, foreign fund outflows due to the US Federal Reserve tapering move, and reversals of fiscal stimulus.It was also due to the expectation of tighter monetary policy, corporate earnings risks due to higher taxes, flood situation, and political risks with the probability of the 15th General Election being held in 2022 remains high, it said."However, downside could be capped by expectations of stronger economic growth as Malaysia reopens international borders since Oct 11, along with additional liquidity available for domestic institutional funds like the Employees Provident Fund following the end of the various one-off withdrawal schemes under stimulus packages announced in 2020 and 2021."(Also) given that the KLCI is trading at undemanding valuations, we reiterate our end-2022f KLCI target of 1,612 points” it said.For January 2022, CGS-CIMB expects more sideways movements as the key index continues on its base-building phase.It said investors’ attention would be on the first Monetary Policy Committee (MPC) of Bank Negara Malaysia for the year on Jan 19-20, as well as the first US Federal Open Market Committee (FOMC) meeting for the new year on Jan 25-26."Market watchers will also be on the look out for news flows on ongoing floods in Malaysia and its potential impact on the economy,” it said. - Bernamaaws全区号（www.2km.me）提供aws账号、aws全区号、aws32v账号、亚马逊云账号出售，提供api ，质量稳定，数量持续。另有售azure oracle linode等账号.