PETALING JAYA: The local benchmark index will struggle to stay above the 1,300-point psychological support level this week, as jittery investors fret over faltering global economic growth.
A weak June US jobs data, a slowdown in manufacturing growth in China for the same month, as well as Malaysia’s own slowing export figures in May provided fresh evidence last Friday that the economic recovery is losing steam.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!