Time for market to refocus

PETALING JAYA: With the conclusion of the six-state elections and the status quo maintained, fund managers and analysts believe that it is time for the Malaysian economy and Bursa Malaysia’s FBM KLCI to kick on under the initiatives outlined by the unity government.

Investment managers contacted by StarBiz attributed the heavily anticipated poll results to the rather subdued performance on the local bourse yesterday, which saw the benchmark FBM KLCI receding by a marginal 0.16 points – or 0.01% – with 3.53 billion shares traded.