Austerity effect: A fund manager expects Malaysia to disappoint over the next year as the new government has been lowering public debt with fiscal tightening. — AP
SINGAPORE: Hopes of luring back global investors to a battered stock market are dimming by the day for Malaysia.
The benchmark FBM KLCI is down 14% from a record in May 2018 and it’s the worst major market in the world so far this year, having slipped 3.4%.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
