Govt doesn’t determine ‘ups and downs’ in stock market, says Treasury | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Govt doesn’t determine ‘ups and downs’ in stock market, says Treasury

Finance Minister Lim Guan Eng said movements in the stock market beyond the government’s control. — Picture by Yusof Mat Isa

The volatility in the stock markets is a normal situation and depends on the market conditions both domestic as well as global, he said when asked about reports saying Malaysia’s stock market is Asia’s only loser of 2019. Malaysia’s economy expanded by 4.7 per cent in 2018. On Monday, the International Monetary Fund , which projected the same pace of growth for 2019, also praised the country’s resilient economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Of course the government do determine ups and downs of the stock market.Economic and fiscal policies of the government affects the stock market. Is this chinaman stupid or what? Is he qualified to be MoF. OMG please save Malaysia from this arsehole. I’m totally fed up .

It's the silly statements that you guys make that causes some of the volatility

Problem is...since u guys took over its mostly down

It's an indicator of confidence

at least it is an indicator of investor confidence.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines