Headwinds on Bursa


REVIEW: Volatility continued in markets as the Covid-19 coronavirus pandemic continued to spread, despite stimulus measures by Beijing to mitigate the negative impact on its economy.

In recent days, analysts have issued lowered forecasts on the Chinese economy for the first-half of 2020. JP Morgan analysts have predicted that in the event the outbreak does not peak in the first quarter of the year, China’s economy could show a contraction and undergo a rebound in subsequent quarters.

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