‘Snap polls to power KLCI to 1,800 mark in 2021’



The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to revisit the 1,800 mark - a level last seen in 2018 - by end-2021, if a snap election is called next year.

Inter-Pacific Asset Management Sdn Bhd chief executive officer Nazri Khan (below) said investors have been highly anticipating for a snap election as early as January next year due to the Covid-19 vaccine optimism, along with the expectation of the removal of the conditional movement control order since mid-October this year...

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