# Bursa, ringgit in another bearish year, but more bullish outlook seen in 2022

> A year-end outlook piece says Bursa Malaysia and the ringgit had a weak 2021, with the FBM KLCI hitting 1,480.92 in mid-December amid Omicron fears. Analysts expect the ringgit to be more volatile as the US Federal Reserve tapers asset purchases.

- Date: 2021-12-28 · published 2021-12-28T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/43871-bursa-ringgit-in-another-bearish-year-but-more-bullish-outlook-seen-in-2022
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A broad review of market performance gives little new information on feed commodity supply or demand, so its price impact is minimal.

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2021/12/28/bursa-ringgit-in-another-bearish-year-but-more-bullish-outlook-seen-in-2022/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.