Bursa stays bullish despite China virus outbreak


Bursa Malaysia's CEO Datuk Umar Swift during the Press briefing on Bursa Malaysia's 4Q and Full Year 2019 results yesterday.

KUALA LUMPUR: Bursa Malaysia Bhd expects 2020 to be a positive year for the stock market, on the back of stronger private consumption, positive economic growth and the implementation of the government’s various expansionary measures.

Chief executive officer Datuk Muhamad Umar Swift, however, noted that 2019 was a challenging year for the stock market and admitted that the market had gotten off to a rocky start this month in light of the coronavirus outbreak.

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Bursa , swift , Mahmud Umar , bullish , China , coronavirus , economy , stocks , shares , markets ,

   

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