Year In Review - An Eventful 2022 and What Lies Ahead

Global equity markets were under pressure throughout 2022 amid global headwinds, most notably inflation, interest rate and recession concerns that arose in the wake of Russia-Ukraine conflicts since late Feb 2022, which has dominated risk off sentiment among investors. While Malaysia equity market was not spared from external headwinds, overall sentiment was further exacerbated by domestic political uncertainties, which resulted in the FBMKLCI ending the year 4.6% lower at 1,495.49pts from its high base opening of 1,567.53pts sustained from 2021.