An investor monitors share market prices at a brokerage firm in Kuala Lumpur, Malaysia, August 24, 2015. — Reuters pic
Inter-Pacific Securities Sdn Bhd research head Pong Teng Siew said overall, most of the 30-stock FBM KLCI were in bearish mode. “The IPI does have some suggestive play on the performance of the market but maybe not in the very big way because it has been weaker for sometime already. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said it appeared that the narrative of weaker global growth prospects had become louder.
“This has badly affected the equities markets regionally and domestically. In a nutshell, risk-off mode has become prevalent,” he added.
Syabas PH . Syabas pengundi2 PH . Syabas macai2 PH kerana berjaya menyusahkan rakyat.
Someone making big profit? Commoner suffers?
Brace for lower growth. Infrastructure expenditures cut. Hospitality industry to nose dive. Manufacturing industries lay offs. Taxes up. Public disposable income depleted. Less consumer spending. Unemployment rampant. Recession.
Malaysia baharu!!
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