A better second half anticipated
AFTER a rocky first half, investors now find themselves hoping that the second half will see Malaysian equities play catch-up to their regional peers.
But in a world with rising uncertainties due to various economic challenges, no one can say for sure whether that will happen. Some brokerages appear hopeful that shares on Bursa Malaysia will perform better in the second half, citing improving domestic fundamentals, but there are also a number who remain cautious, citing, among other things, unabated external risks.
Take the US-China trade dispute.
While a truce between the world’s two biggest economies has been made at the recently concluded G20 summit in Osaka, Japan, and resulted in a rally across risky assets, many strategists see that as merely a temporarily relief.
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