THE Malaysian stock market has had a rocky performance so far this year.
Weighed by domestic political concerns and Covid-19 woes, Bursa Malaysia has turned out to be one of the worst-performing bourses in Asia year to date, with the benchmark FBM KLCI having lost about 7% since the start of 2021.
The local equity markets could see a more challenging year in 2022, with the US Federal Reserve scaling back its easy monetary policy while increasing interest rates as inflation continues to surge.
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