The local market has rebounded sharply from its Covid-19-triggered steep depreciation, and has performed relatively better than its regional peers, largely thanks to the unprecedented government stimulus. — Bernama pic
He also said strong participation from retail investors who sought better yield in equities rather than fixed deposits contributed to the market’s recovery. “As we get to year-end, investors will look at 2021. If there are sufficient signs of a recovery, this will be another catalyst for the market,” he told a virtual media briefing on the Market Outlook for 2020 here today.
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: