M’sia is caught in a perfect storm


Malaysia market performance

THE political stalemate in the country will undoubtedly leave scars so deep among the investment community that it would take years to heal.

The world is reeling from the Covid-19 epidemic that is expected to shave global economic growth by between 0.5% and 1%. The virus has now spread to Europe, the United States and the Middle East.

The US markets, which have had a 11-year bull run, are on correction mode after having declined 12% within a space of one week due to the outbreak.

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