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MSWG Weekly Newsletter 17 July 2020 (English)

17.07.2020

Beware of the double-edged low interest rate sword

It is not an illusion nor deception that the bulls are charging at all corners in Bursa Malaysia in recent times.

Fuelled by the glove stock rally, the FBM KLCI had emerged the best performing index among the ASEAN markets for the first half of 2020. After a dismal performance in 2019 (31 December 2019: 1,588.76 points), the benchmark index has tested the 1,600-point mark.