KUALA LUMPUR: Foreign selling is expected to continue hitting emerging-market equities, including Malaysia, until year-end, no thanks to US President Donald Trump’s anti-China trade rhetoric and expectations of more US interest rate hikes.
Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew said US-China trade war fears had resulted in a high level of uncertainty for the global market, with emerging markets being hit the hardest and seeing a further sell-down.
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