‘Rosy’ Bursa at risk if 2nd wave of infections hits, warn analysts

Bernard Saw

The stock market is looking good with a record turnover of RM10 billion recently but analysts say further waves of Covid-19 infections can wipe out gains. – The Malaysian Insight pic by Seth Akmal, May 23, 2020.

BURSA Malaysia registered a record-high daily turnover of RM10 billion earlier this week but analysts warned a good run depends on the Covid-19 situation after Hari Raya.

After hitting the record on Monday, Bursa declined the next day but prospects remain good, with analysts saying investors will continue to ride on the optimism.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.