Bad for market: Wan Kamaruzaman says the external news isn’t helping the market.
KUALA LUMPUR: Retirement Fund Inc (KWAP) says external factors are to be blamed for the latest bout of selling in the market, but a recovery could be on the horizon.
“Following the recent recovery, the FBM KLCI could trade range-bound and hover between 1,780 and 1,830 points. Unfortunately, the external news isn’t really helping much at this point in time,” KWAP’s CEO Datuk Wan Kamaruzaman Wan Ahmad told StarBiz on the sidelines of the Global Pensions and Investments: Impact of Fintech and the Emerging Landscape roundtable.
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