KUALA LUMPUR: The FBM KLCI’s performance this month will hinge on the country’s ability to maintain its high vaccination rate and accommodate quick economic recovery and growth. The research house said investors will be keeping a close eye on the latest economical, political, corporate and global developments this month, prior to making any market-related investment decisions. “Market watchers will be tracking the release of the Monetary Policy Committee meeting on Sept 9 and tabling of the 12th Malaysia Plan on Sep 27. “Investors will also be looking at potential changes to the government policy following the appointment of the new prime minister and cabinet in Malaysia. CGS-CIMB noted that the index had rallied 106.8 points or 7.1% month-on-month to hit its strongest close in four months.
