MALAYSIAN shares are likely to gain today after Wall Street posted its best four-week winning streak since 1933 on optimism that the worst may be over for the economy.
That factor, and hope that new Prime Minister Datuk Seri Najib Razak will carry out reforms as he has promised may sustain the positive trend on the Malaysian bourse since Thursday, when former premier Abdullah Ahmad Badawi handed in his resignation.
“There is a lot of hope that Najib will do better than Badawi in terms of carrying out the reforms that he has promised or will promise in the days to come,” said an institutional dealer at a bank-backed brokerage. “I believe stocks with perceived links to the government or to Najib will continue to attract speculative interest. So, traders looking for some short-term play could look at some of these stocks,” he said. - Reuters
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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