Thursday 25 Apr 2024
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SINGAPORE (March 21): Malaysia's February CPI at 1.4% versus 1.9% est. is bad news for the nation's equity market, which tends to perform better when inflation is rising. The last time CPI readings were falling this hard was in 2015, which was a rough period for the KLCI index

At least the $7b investment from Saudi Aramco into Malaysia is expected to come in by the end March -- that could help to put a floor under inflation and keep equity bulls happy.
 

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