KUALA LUMPUR: Despite high trading values in the first quarter of this year, Bursa Malaysia Bhd could be faced with weakening investor sentiment in the coming months as recession fears start to take over, says Affin Hwang Capital research.
"Based on Affin’s latest GDP growth forecast of -3.5% for 2020, we expect a sharp contraction in private consumption spending especially in 1H20," it said.
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