Bad year for big caps

Market risks: A visitor at a private stock market gallery in Kuala Lumpur. Blue chips and big cap stocks in Malaysia have never been riskier not just because of the change in government and sentiment, but mainly because most were trading at very rich valuations. — AP

THIS has been the year big caps and blue chips performed badly.

If you made a bet on a big cap this year, chances are you would have lost money. A flat return would have been an outperformance.