PETALING JAYA: Malaysian equities are the favoured asset class for 2024 on expectation of improvement in corporate earnings, backed by a resilient and diversified economy and policy outcomes.
Analysts said the end of the downcycle in corporate earnings in the United States and a soft landing of the economy would lead to a pivot in the interest rate policy by the Federal Reserve (Fed) and help boost investors sentiment globally more so if China’s economic health improves.
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