Uncertainties may weigh on markets, PublicInvest Research says

PIVB Research said market valuations are attractive at current levels (16.2 times one-year forward earnings), though not yet compelling.

KUALA LUMPUR: Heightened levels of uncertainty on the political scene are likely to be the order of the day again after Opposition leader Datuk Seri Anwar Ibrahim claims he has a “strong, formidable majority” to form a new Federal Government, PublicInvest Research says.

In its strategy report issued on Thursday, it said with no single bloc having an overwhelming majority, there appears to be many kingmakers in the fold.