Recovery: The thrust of 2021

Rakuten Trade Sdn Bhd research vice-president Vincent Lau told StarBiz that the sudden pullback may allow the market to start on a green note in 2021, rather than a last minute push up of the index.

PETALING JAYA: And so it ends. The local bourse took a humble bow out of 2020 in the red after a remarkable run for the year that was driven by liquidity.

A total of 26 out of the 29 indices declined amid strong selling pressure, led by the benchmark FBM KLCI shedding 17.20 points or 1.05% to 1,627.21 points.