PETALING JAYA: While prevailing uncertainties such as the US interest rate direction, oil price movement and goods and services tax (GST) implementation will continue to overshadow market sentiment, the upcoming 11th Malaysia Plan (11MP) and Invest Malaysia (IM) conference might give the local market a boost.
Kenanga Research analyst Chan Ken Yew, who has a “neutral” call on the second quarter, said the supportive domestic excess liquidity condition and improving investor sentiment should limit the market downside.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
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!