PBLOF News and Press, Public Bank Ltd Local

2023-05-14 09:54:27 ET Summary The iShares MSCI Malaysia ETF’s poor performance in recent years has extended into 2023. But with earnings growth intact and the rate hike cycle likely at an end, there is light at the end of the tunnel. The multi-year low earnings valuati...

The Malaysian central bank has reported a 3.4% contraction in 4Q20 GDP, which is a much bleaker result if compared to a 2.6% decline in 3Q20. Some pundits consider that a 25 bps cut in the overnight policy rate is exceedingly likely. In theory, this can result in the weakening of MYR....