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 KLCI is the worst Asian stock market right now

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TSchromatino_hex
post Jun 9 2023, 12:12 PM, updated 3y ago

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Malaysia is not one of the worst, but it is currently the WORST performing market in the world based on YTD % performance.

Every country in the world recovered significantly after bottoming in October 2022.

Malaysia is one of the few countries in the world (apart from Sri Lanka and other countries with high default risk) where its stock market dropped below the October 2022 bottom. This country is so screwed

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Barricade
post Jun 9 2023, 02:31 PM

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Nor surprising..... many local investor already moved their money out from Bursa into other countries.
xander2k8
post Jun 9 2023, 05:16 PM

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QUOTE(Barricade @ Jun 9 2023, 02:31 PM)
Nor surprising..... many local investor already moved their money out from Bursa into other countries.
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They also moved their money because of RM depreciation and lack of faith that PMX will finish his full term 🤦‍♀️

That is why you see Zafool is peppering with so called FDIs when it is just only planned not implemented FDIs which can be pulled back anytime from the foreign investors

 

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