Will PH2.0 Government Be Better For Markets?

The market responded positively with the recent formation of a new federal government starring PH-BN that is led by Datuk Seri Anwar Ibrahim, with the FBM KLCI rallying by more than 4% at breaking the 1500 psychological barrier yesterday. Even so, there is much to do for the new Prime Minister and government, with among their priorities including appointing a fully functioning cabinet and tabling a new budget. This would certainly be closely watched by investors, which also raises questions: are there any short term tactical positioning investors can capitalise on and will the market have more legs to rally into the year end? We speak to Imran Yusof, Head of Research of MIDF Amanah Investment Bank for more insights.

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