Page 5 - குழு ப்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Bursa says IPO pipeline healthier post-MCO
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Pandemic remains cloud hanging over real estate sector
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MR DIY posts robust Q2 results despite Covid-19 curbs
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Malaysia s AirAsia nets $56 8m from Fly Leasing-Carlyle Aviation merger
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PETALING JAYA: While investor sentiment is expected to improve as vaccination rates increase, short-term risks, including the evolving pandemic environment and potential financial shocks from tighter liquidity, may keep the local bourse in a prolonged consolidation phase.
Although the FBM KLCI closed 2.07 points higher yesterday at 1,514.60 amid talk of economic reopening, year-to-date, the index has declined some 6.9%. Daily new Covid-19 cases remain close to record highs, weighing on consumer sentiment.
Notably, more speed bumps are emerging and underlying political risks point to a possibility of continued volatility in the market. Additionally, a “recovery scenario” may have already been priced in, said RHB Research.