Finance Minister Lim Guan Eng said movements in the stock market beyond the government’s control. — Picture by Yusof Mat Isa
The volatility in the stock markets is a normal situation and depends on the market conditions both domestic as well as global, he said when asked about reports saying Malaysia’s stock market is Asia’s only loser of 2019. Malaysia’s economy expanded by 4.7 per cent in 2018. On Monday, the International Monetary Fund , which projected the same pace of growth for 2019, also praised the country’s resilient economy.
Of course the government do determine ups and downs of the stock market.Economic and fiscal policies of the government affects the stock market. Is this chinaman stupid or what? Is he qualified to be MoF. OMG please save Malaysia from this arsehole. I’m totally fed up .
It's the silly statements that you guys make that causes some of the volatility
Problem is...since u guys took over its mostly down
It's an indicator of confidence
at least it is an indicator of investor confidence.
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