ADVISORY

ADVISORY

Recently de facto opposition leader Datuk Seri Anwar Ibrahim has declared that the toppling of the Federal Govt is imminent.
If this bold statement were true, we could witness:-

1.The Stock exchange to plunge minimum 12%-20%
2.Devaluation of the Ringgit by at least 4%
3.Short term market sentiment- Bearish
4.GDP to slow 0.5-0.8% before political stability is achieved.

However, long term outlook remains uncertain depending on performance of the new coalition govt.

Conclusions
1.Short term - Very Bearish
2.Medium term - Bearish(buying opportunity)
3.Long term(depending on political changes made) - Uncertain