Investors watching closely latest political scenario

Socio-Economic Research Centre executive director Lee Heng Guie(pic) told StarBiz: “At this juncture, the last thing investors want to see is political turbulence. Moreover, the government’s ability is being tested as to how it would deal with the economic disruptions and uncertainty associated with the Covid-19 outbreak amid a slowing economic situation.

PETALING JAYA: The latest political development that points towards a new coalition government being formed would be closely watched by stock market investors.

With the stock market bogged down by the Covid-19 outbreak, poor corporate earnings, a slowing economy and lingering political uncertainty, analysts said the latest developments would add a new wrinkle for investors to digest.