Big BN win will herald funds inflow, say analysts


  • Business
  • Saturday, 20 Mar 2004

FUNDS are poised to be poured into the local stock market next week, with government-linked institutions like the Employees Provident Fund (EPF) and Valuecap Sdn Bhd expected to be among the big players. The trigger would be a convincing win by the Barisan Nasional in tomorrow's general election, analysts said. 

From the way some research house reports were written this week – sounding more like political manifestos for the ruling coalition – profit-motivated voters are being left in no doubt which horse to back tomorrow if they want to see the prices of their shares go up on Monday. 

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