Diminishing returns of stimulus aid


Bursa Malaysia's FBM KLCI hit a high of 1,574 earlier this week, which is not far off the year’s high of 1,611 reached before the Covid-19 pandemic. Trading volume also hit record highs.

CLEARLY the smart money managers were outsmarted in the past three months. They stayed away from the stock market, which has recovered to its post-Covid-19 highs. They missed out on the run in glove stocks, which has taken a breather.

But do they have any regrets?

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