SINGAPORE (Feb 12): The FBM KLCI Index rebounded to close at 1,839 on Feb 8, bringing its gain since Jan 2 to 2.76%. But equity strategists do not think Bursa Malaysia is in calmer waters now.

Volatility could be the norm this year, according to Maybank Kim Eng head of research and global investment strategist Sadiq Currimbhoy.

Currimbhoy expects the bond yield to climb further, owing to concerns about inflation, particularly in the US. “I think that is going to create market volatility for equities... at least for the first part of the year,” he told the press on the sidelines of the Fifth World Capital Markets Symposium 2018 on Feb 7.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook