Malaysian equities to outperform in first quarter of next year

The research house said this was largely because the FBM KLCI has generally yielded positive returns in the three-month periods up to the past election polling dates, apart from robust headline economic indicators which support the ringgit and investment sentiment. The GE14 is widely expected to be held in March or April next year.

PETALING JAYA: The Malaysian equities’ outlook is expected to be less promising post-14th general election (GE14), according to UOB Kay Hian Malaysia Research.

However, equities on Bursa Malaysia are likely to outperform in the first quarter of 2018 (Q1’18), amid the anticipation of a general election, firm domestic economic indicators and ample global and domestic trading liquidity.