The research house said this was largely because the FBM KLCI has generally yielded positive returns in the three-month periods up to the past election polling dates, apart from robust headline economic indicators which support the ringgit and investment sentiment. The GE14 is widely expected to be held in March or April next year.
PETALING JAYA: The weekly outflow of funds on Bursa Malaysia trickled to its lowest so far this year, as overseas investors consolidated their positions ahead of the National Day holiday.
According to MIDF Research, preliminary data from the stock exchange showed an outflow of RM15.3mil net of local equities last week.
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