KUALA LUMPUR (July 6): Last year s stock market rally was unexpected against the backdrop of the Covid-19 pandemic. Ample liquidity as a result of low interest rates globally was the main fuel to the sharp rebound.
In Malaysia, loan moratorium granted by Bank Negara Malaysia added additional fuel. More interestingly, the long absent retail investors returned to dominate the local market.
Retail investors are given a six-month loan moratorium again, however research analysts and fund managers doubt that it would help stage another rally like last year. The reason is that more people are likely to face even tighter cash flow compared with a year ago, no thanks to coronavirus.
Kasus Korupsi Asabri, Kejagung Periksa Pejabat Sekuritas dan Pemilik SID
merdeka.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from merdeka.com Daily Mail and Mail on Sunday newspapers.
【預見】股價已回調50%，山東藥玻（600529 SH）的市場空間在哪里？
finet.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finet.hk Daily Mail and Mail on Sunday newspapers.