Will PAS Majority Cause Market Uncertainty
Pankaj C. Kumar, Business Commentator
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Markets hate uncertainty and the outcome of the elections on who will form the government is still unknown. While most political pundits and equity analysts expected a hung parliament, the surprise was a possible PAS led PN government which may spook investors. This may bring into question what roles they may play in key ministries. There may also be possible changes in the Budget and may incorporate policies from its own PN Manifesto. Will the market find a PH coalition with the Borneo bloc more palatable? We speak to Pankaj C. Kumar, business commentator for some answers.
Image credit: Shutterstock
Produced by: Wong Shou Ning, Chong Tjen San
Presented by: Wong Shou Ning, Philip See
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