Better year seen for stock market in 2021

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Next year should be a better year for the stock market.

PETALING JAYA: Next year should be a better year for the stock market, driven largely by the optimism of a synchronised global economic recovery as the world emerges from the Covid-19 pandemic

Improving outlook: A retail investor monitors share market prices in Kuala Lumpur. Overall non-resident participation in the MIST capital markets have begun to see improvements in recent months, particularly after positive newsflow on the Covid-19 vaccine. India, on the other hand, enjoyed an increasing foreign fund inflow into equities in the same period.

“We are more inclined to take the return of foreign investors to our market, if it happens, as an added bonus, ” he said.However, the research house pointed out that a weak US dollar could spark the return of foreign investor interest in emerging markets, including Malaysia.

 

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