Daily Market Report (27 Sept 2019)
- The verdict is out, and Malaysia remains in the FTSE Russell World Government Bond Index, however it remains on the watch list and will be reviewed again next March in 2020.
- The potential bond outflow feared by many is now behind us as we look forward to the upcoming Budget to be in focus.
- Pre budget rally for our markets could be in the making as our market continue to hover near the 1,600 level, we advocate investors to position themselves.
