MALAYSIA’S reinstatement into the CalPERS list of permissible investment markets boosted blue-chip and large-cap stocks on the MSEB yesterday as expectations of other foreign funds returning to the market became increasingly tangible.
Although the KLSE Composite Index (CI) gained a marginal 1.51 points – lower than in recent days – to 858.66, top gainers on the local bourse comprising the likes of Nestle (M) Bhd, OYL Industries Bhd, Genting Bhd and Carlsberg Brewery Malaysia Bhd indicated a shift in investor appetites for the heavyweights.