PETALING JAYA: The recovery of Malaysia from the economy-damaging Covid-19 pandemic has pushed the stock market firmly on an upward trajectory and now talk of a snap general election may be yet another market fillip.
Macquarie Equities Research (MQ Research) foresees Malaysians heading to the polls between late-August and early-November. A Perikatan Nasional (PN) win, it said, was positive for business and post-election stimulus is likely.
“We expect Malaysians to go to the polls in the fourth quarter of 2020 to once and for all settle the political uncertainty. What has changed is that the timeline for the election appears to be moving forward, with a likely timeline now being late-August to early-November, ” it said in a report yesterday.
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