Too soon to call a down market

Reviewing data from Trading economics:

We can note a few positive data which are considered as reflective of the current economic information in Malaysia.  These data have low lag times compared to items such as GDP which is extremely lagging.

1.  Industrial production is up for the month

2.  Exports are still up 13 billion year over year.  Source, CIMB

3.  Loan growth grew in March.  Source, CIMB



All in all, with this data, the next month or so should see a rebound in markets if sentiment becomes harsh enough.  The latest US jobs report is also supportive of an up market.