MANY global stock markets are in a pullback mode, and Bursa Malaysia is no exception. Around the world, stocks that have posted Astronomical jumps in share prices over the past few months have recently declined or moved sideways.
An increasing number of doomsayers have been quick to assert that the stock market party is over, pointing out that stock fundamentals are once again taking over sentiment and expectations.
A market observer quips: “No bull can run forever, it needs some rest.”
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