Market drop: The FBM KLCI has correted by about 7.6 since its close of 1,820 points on the eve of polling day to end-June.
MALAYSIA had its moment for the history books on May 9, 2018 when we saw the unprecedented black swan event after the coalition that makes up Pakatan Harapan swept to power.
While markets were surprisingly calm despite the unexpected event with little movement on re-opening of the local bourse after GE14, what followed subsequently, both due to domestic and international factors, must have caught many investors by surprise as the FBM KLCI itself has corrected by about 7.6% since its close of about 1,820 points on the eve of polling day to the end of June 2018.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
