Pinning hopes on Bursa Malaysia

Rakuten Trade head of equity sales Vincent Lau (pic) recommended investors to “buy the dip” based on their risk appetite.

PETALING JAYA: Looking at how the FBM KLCI has been trending sideways in the past several months without a clear direction, one wonders whether the domestic stock market has enough exciting opportunities to offer to investors.

Without any signs of fresh fiscal stimulus by the government on the horizon, the market lacks catalysts as foreign fund outflow continues and rising Covid-19 infectivity rates raise doubts on the pace of economic recovery.