Equitiestracker Holdings Peter Lim Tze Cheng told StarBiz: “If Trump wins, we would see a continuation of nationalistic policies. On the other hand, a win by Biden would mean a reduction in nationalistic policies. ”
PETALING JAYA: Taking a cue from the nail-biting US presidential election as Donald Trump inches closer to Wall Street’s favourite Joe Biden, the positive investor sentiment on Bursa Malaysia subsided entering into the afternoon session of trading.
With the US stock futures on a roller-coaster ride, especially after Trump prematurely declared victory, the FBM KLCI pared down most of its gains for the day and closed at 1,464.61 points – down from the intra-day high of 1,473.53 points.
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