MARKET UPDATES :
Malaysia’s budget deficit could fall below 3 percent of gross domestic product in 2015, the International Monetary Fund said on Monday after it concluded a mission to the Southeast Asian nation. Malaysia narrowed the fiscal deficit to 3.9 percent of GDP in 2013, and Prime Minister Najib Razak wants to further trim the gap to 3.5 percent this year and 3 percent in 2015, heading toward a balanced budget by 2020.
STOCK RECOMMENDATION :
BUY SAPURA KENCANA ABOVE 3.270 TGT 3.310 ,3.370 SL 3.210
Malaysia’s budget deficit could fall below 3 percent of gross domestic product in 2015, the International Monetary Fund said on Monday after it concluded a mission to the Southeast Asian nation. Malaysia narrowed the fiscal deficit to 3.9 percent of GDP in 2013, and Prime Minister Najib Razak wants to further trim the gap to 3.5 percent this year and 3 percent in 2015, heading toward a balanced budget by 2020.
STOCK RECOMMENDATION :
BUY SAPURA KENCANA ABOVE 3.270 TGT 3.310 ,3.370 SL 3.210
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