BURSA MALAYSIA has been one of the worst performing bourses in Asia last year. Throughout 2019, the FBM KLCI has been lacklustre with investors adopting a “wait-and-see attitude” following the absence of clear growth catalysts for the country. Not surprisingly, as of Dec 31, the FBM KLCI was down 4.73% on a year-to-date basis. Initially, Malaysians were filled with hope when Pakatan Harapan won the general election in May 2018. However, some 18 months later, sentiment on the local bourse remains subdued amid unclear leadership succession plans and flip-flop policies. Nonetheless, the undemanding stock prices and weak ringgit could see the market finally play catch-up to its regional peers. With the arrival of a new decade, analysts and fund managers present to StarBizWeek 20 stock picks which they opine will outperform the market. Below is a compilation of the stocks https://www.thestar.com.my/business/business-news/2020/01/04/top-20-stock-picks-for-2020 |