Advent of new uncertainties


Pong Teng Siew, formerly Inter-Pacific Securities Sdn Bhd research head, said the period of sustained climbs over the past months was over and more profit-taking activity would take place.

PETALING JAYA: The market is venturing into an uncertain final quarter of 2020 with headwinds looming from multiple directions.

With the automatic bank moratorium coming to an end tomorrow and fears of an imminent second wave of Covid-19 infections, coupled with geo-political tension and the ongoing political tussle in Malaysia, the only word apt for the fourth quarter (Q4) is uncertainty.

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