REVIEW: When America sneezes, the world catches a cold. The expression seemed especially apt for the week’s turbulent trading action as investor sentiment hinged on the health and whims of the US president ahead of the country’s elections.
Fortunately, President Donald Trump showed some improvement in combatting his illness since last Friday’s announcement that he had contracted Covid-19, leading global equities on a relief rally. In Malaysia, the FBM KLCI shot up over 12 points to 1,512.43 as the index tracked other Asian markets higher.
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