So, Bursa Malaysia closed in the red yesterday but maintained above 1,500 level. This is mainly due to selling in heavyweight players, including several Petronas linked companies. Oil prices lost more than 5% on Wednesday due to the rise of new coronavirus cases around the world. The IMF has also cut its economic forecast for 2020 to negative 4.9%. What will the future hold? Only time will tell.
#Malaysia# #trading# #FOLLOWSTAR#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.