Market uptrend may continue, lukewarm retail participation likely - Business News - News Summed Up

Market uptrend may continue, lukewarm retail participation likely - Business News


“Yes, it is likely to continue but retail participation may be lukewarm. We see a potential selldown in May or June,’’ said Chris Eng, head of research, Etiqa Insurance & Takaful. “Plantation earnings are expected to rebound while banks are holding up,’’ said Bernard Ching, head of research, AllianceDBS Research. Inflation and global recession are high on the danger list with trade wars and border taxes. Global trade will be affected by trade wars.


Source: The Star January 29, 2017 23:10 UTC



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