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Economists: Stamp Duty Rate Reduction Will Have Minimal Impact On Stock Market

Economists: Stamp Duty Rate Reduction Will Have Minimal Impact On Stock Market
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Little impact on stock market with reduction in stamp duty rate, says economist

KUALA LUMPUR: Lowering the stamp duty rate for shares traded on Bursa Malaysia Securities, as announced by Prime Minister Datuk Seri Anwar Ibrahim, will have very little impact on the stock market as structural problems persist in listed companies, says an economist.

Price pressures to moderate further

PETALING JAYA: Economists are expecting headline inflation in Malaysia to continue moderating further in 2023, aligned with the softening trend of rising prices globally, following the tailing off in oil prices compared with 2022.

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