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Article: Market to remain active on pump-priming moves
- Article from:
- New Straits Times
- Article date:
- May 20, 2009
- Author:
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Jeeva Arulampalam
New Straits Times
05-20-2009
Market to remain active on pump-priming moves
Byline: Jeeva Arulampalam
Edition: Main/Lifestyle
Section: Business Times
Type: News
THE local market is expected to remain active, in terms of trading volume and value, due to the government's pump-priming initiatives, says Yeonzon Yeow, head of research at Kenanga Investment Bank.
"At this point, the market volume and value traded seems to be healthy, drawing back both local institutions and, to a certain extent, foreign institutions," Yeow told reporters after K&N Kenanga Holdings Bhd's shareholders meeting yesterday in Kuala Lumpur.
Speedy implementation of the initiatives under Budget 2009 and ...