KUALA LUMPUR: The positive inflow of funds into the market since April will continue to keep stock prices buoyant in the second quarter, despite flattish corporate earnings growth, according to Hwang Investment Management Bhd (HwangIM) CEO Teng Chee Wai (pic).
“Funds in general are coming back to Asean. Foreign participation has increased tremendously. As an industry player, HwangIM welcomes competition and players are forced to offer a variety of products,” he told a media briefing yesterday.
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