Budget 2018 – only a small spark to KLSE

Personally i think it is a good budget for low income group. Well balanced and social oriented. Indeed it looks like a socialism budget before pre election.

Retail segment may be boosted for a while but won’t be direct impacted to most corporate earnings. The amount of money into the market from personal income tax not substantial.

Budget deficit plan to reduce which may be good for RM. However well offset by potential lack of collection and debts to be borrowed. Overall no solid sparks for stocks. Perhaps with some fire here and there.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: