Will there be a pre-Budget rally this year?


Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said Budget 2021 would focus on revitalising Malaysia’s economy, while aiming to protect lives and livelihood.

PETALING JAYA: If past trends were any guide, one could expect to see the local equity market rally in the run-up to the Budget 2021 announcement.

However, analysts have pointed out that gains in this year’s pre-Budget rally will likely be limited, given the growing economic and political uncertainties.

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