Gergasi kewangan antarabangsa Credit Suisse percaya pasaran saham Bursa Malaysia akan melambung sekiranya Barisan Nasional menang besar dalam PRU14.
Ketidakstabilan politik telah menembusi pasaran kita untuk beberapa ketika. Kemenangan besar Barisan Nasional yang dijangka akan memberikan kestabilan untuk membolehkan rancangan transformasi negara diteruskan yang akan membawa negara kita ke peringkat seterusnya.
Umno win in GE14 will be positive for stock market, equities chief says
Political continuity in Malaysia in the form of an electoral victory for ruling party Umno will benefit the local stock market, Credit Suisse Malaysia’s head of equities Stephen Hagger has said.
He said investors’ fear of political risk is expected to subside and that would be a possible catalyst for the stock market, predicting that the ruling party would likely win big in the upcoming general election.
“And so it seems likely in the general elections which seems to be called in February or March next year that PM Najib will deliver at least a big victory for Umno, if not two-third majority,” he said during his presentation yesterday at the Rehda Institute CEO Series conference, referring to Datuk Seri Najib Razak who also chairs the ruling Barisan Nasional coalition.
Among other things, Hagger cited a fractured federal opposition helmed by Tun Dr Mahathir Mohamad ― a former prime minister and also former Umno president. Dr Mahathir now chairs both federal Opposition Pakatan Harapan and new Opposition party Parti Pribumi Bersatu Malaysia.
“And the reasons for that I think, the Opposition while popular in urban areas have not really dealt a killer blow.
“And if you look at elections worldwide, you’ll be surprised, it’s always been an anti-establishment party that has won. And having Dr Mahathir at the head of the Opposition is far from anti-establishment, he is the establishment.