Bursa Malaysia halts trading, and resumes

I guess, there was panic this morning in the financial market as trading opens after an eventful General Elections over the weekend.

However, statements from the Bursa Malaysia and Securities Commission assures that things would not get worse. It was just a circuit breaker mechanism to stop trading if volume loses 10% of total trade.

Read more here.

Market reaction to a drastically reduced political mandate for BN is only expected. However, it has been two days after GE 2008 and there has yet to be any reports of riots or politics-related fights and rallies.

That means we Malaysians can hold our peace. Stability is not an issue here.

For all we know, the results of this elections may be far-reaching. Who knows, pushing for greater accountability and less of needless bureaucracy may lead to a renewal of investor confidence.

Lim Guan Eng promised to address that part, in Penang. I hope he delivers.


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