Local market set to lure foreign funds


  • Business
  • Wednesday, 19 Jan 2005

LOCAL equities market can expect to attract more foreign funds in the next six months as there are buying opportunities, Deutsche Bank Global Equities head of strategy (Asia) Mark Jolley said. 

Speaking to reporters at a Deutsche Bank 2005 economic outlook luncheon presentation in Kuala Lumpur yesterday, he added that stocks in banks would be favoured over that in telecommunications and utilities. 

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