Posted by VWWong > 2018-05-13 12:34 | Report Abuse

I wonder how are they going to earn back the Rm40billion without the GST. is not like tomorrow, your chicken rice price will go down to Rm4.50. The cost of living is not going to reverse with or without the GST.

Posted by tecpower > 2018-05-13 12:40 | Report Abuse

market watchers expect equities to fall across the board, with government-linked companies, benchmark index stocks and infrastructure companies taking the brunt of a potential selloff. iShares MSCI Malaysia ETF, the biggest exchange-traded fund holding Malaysian stocks, fell 6.2 percent this week. The FTSE Bursa Malaysia KLCI Index has corrected by 2.6

Posted by tecpower > 2018-05-13 12:43 | Report Abuse

These Are the Stocks You Need to Watch After Mahathir’s Malaysia Win
https://www.bloomberg.com/news/articles/2018-05-12/mahathir-s-return-may-spur-moves-in-these-malaysian-stocks

Posted by Pavillion > 2018-05-13 12:47 | Report Abuse

Maybe with so many BN and heavy projects stocks will hit low, sentiment won't be good..for a while

Posted by tecpower > 2018-05-13 12:50 | Report Abuse

CIMB Investment Bank said foreign investors may reduce their weighting in Malaysia due to short-term uncertainties.

“As such, banking stocks that have never seen foreign inflows in recent months may be negatively impacted. Constructions sector too will be negatively impacted as big projects may be reviewed,” the research house said.

“Consumer stocks however could gain from potential goods and services tax abolishment and minimum wage hike. Exporters may also gain due to their limited exposure to the domestic market,” it said.
https://www.nst.com.my/business/2018/05/368459/short-term-pain-long-term-gain-malaysia-stock-market-analysts

Posted by teoct > 2018-05-13 14:10 | Report Abuse

When was market not sentiment driven?