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PETALING JAYA: RHB Research expects a knee-jerk sell-off on equity markets, with strong technical support at the 1,600-point level, when Bursa Malaysia reopens on Monday as the country’s risk premium spikes higher.
ONLY 24 hours ago I was lamenting the Malaysian political system’s incapability to self-correct after a plunder as brazen as the alleged $4.5 billion looting of 1MDB, a state investment firm. The voters proved me wrong.
SINGAPORE: Stocks with Malaysian exposure were hit on Singapore bourse on Thursday morning (May 10) after Malaysia opposition's shock election win.
KUALA LUMPUR: RHB Research Institute sees that after the political tsunami in the 14th General Election, there could be some volatility in the stock markets, a sell-off in the ringgit assets but it believes in the electorate's new political maturity.
KUALA LUMPUR: Moody's Investors Service has cautioned that some of the opposition's campaign promises if implemented without any other adjustments, would be credit negative for Malaysia’s sovereign.