Markets Insights

Focus on market reaction to Malaysian polls

Malaysia's new Prime Minister, Tun Dr Mahathir Mohamad, has urged investors to push up prices in the Malaysian stock market. It would be interesting to see if those remarks will have any sway on the market's performance when it reopens today after la
Malaysia's new Prime Minister, Tun Dr Mahathir Mohamad, has urged investors to push up prices in the Malaysian stock market. It would be interesting to see if those remarks will have any sway on the market's performance when it reopens today after last week's stunning polls outcome.PHOTO: BLOOMBERG

Malaysia-linked assets already showing signs of stabilisation after initial downturn

Aside from Wall Street's sprightly showing last Friday, the Singapore bourse may start the week on a watchful note as the Malaysian stock exchange reopens today and will likely see some volatile reaction to the stunning polls outcome in favour of the opposition.

But with a few days to digest the remarkable turn of events, there is a chance that Malaysian shares could display some semblance of hope and join the cheer squad of Malaysians who pushed for change at the ballot booth.

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A version of this article appeared in the print edition of The Straits Times on May 14, 2018, with the headline 'Focus on market reaction to Malaysian polls'. Print Edition | Subscribe