Daily Market Report (21 Aug 2019)
Wed, Aug 21, 2019 9:53 AM
- Our recent stronger than expected GDP figures indicate our economic fundamentals remain resilient.
- Coupled with Bank Negara Malaysia recent announcement of further liberalisation of the foreign exchange administration (FEA) policy and “positive engagements” with global index provider FTSE Russell, this should put our country on a stronger footing in the review by FTSE World Government Bond Index in September.
- Hence, with our stronger economic fundamentals, we advocate investors to remain invested in the equity markets.
