A SHIFT in liquidity to the equity market from the bond market and possible inflows of foreign funds would likely lead to a better KLSE performance in 2004, said Pheim Unit Trusts Bhd (PUTB) chief executive officer Phua Lee Kerk.
“We believe that companies whose stocks are attractively priced and have very little gearing, command dominant market position and good earnings, and whose management is focused and knows the business, will perform well,” he said in a statement.
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