Boring prospects for Malaysian stock market


  • Business
  • Wednesday, 17 Apr 2019

Austerity effect: A fund manager expects Malaysia to disappoint over the next year as the new government has been lowering public debt with fiscal tightening. — AP

SINGAPORE: Hopes of luring back global investors to a battered stock market are dimming by the day for Malaysia.

The benchmark FBM KLCI is down 14% from a record in May 2018 and it’s the worst major market in the world so far this year, having slipped 3.4%.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Oil prices rise as US closes in on debt deal
IOIProp Q3 net profit up to RM115mil
US dollar rise puts pressure on ringgit
SOBA continues to shape new possibilities
Mounting challenges, some bright spots
Malaysia’s high-income goal – motivational or unrealistic?
Managing change in modern banking
Pos Malaysia draws interest
Short Position: Sugary matters, Virtual power purchase agreements,
Inflation figures moderate slightly in April

Others Also Read