On a quarter-on-quarter basis, it was a 14.6% improvement from RM15.12bil in the immediate preceding quarter.
Net investment income after impairment and cost write down for listed equities came in at RM16.87bil. The EPF said the global equity indices that the EPF tracks closely have rebounded from their lowest in March, but many have yet to recover to pre-pandemic levels seen at the end of 2019. He added that infections are rising again even as economies struggle to recover from lockdown, creating a serious impediment to economic recovery to pre-pandemic levels.
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