Market observers believe that the prevailing mood remains cautiously positive and advise stock-picking on value.
PETALING JAYA: Local retail investors are likely to remain on the sidelines this week after staying on the sidelines last week despite foreign institutional investors flocking back to the market last Friday.
A report by MIDF Investment Bank Bhd showed that foreign investors were net buyers on Friday after the first four days of last week in which they were marginal net sellers.
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