What’s the strategy?

  • Markets
  • Saturday, 05 Oct 2019

All about sentiment: How the local market has been performing has to do with the lack of clarity of policy and poor investor sentiment, according to some fund managers. — AP

With the local stock market trading at a four-year low, some stocks look like a screaming buy based on valuations alone but why isn’t the money flowing into the market?

Instead, the FBM KLCI, the index made up of the 30 largest stocks on Bursa Malaysia has lost 18% since it reached its historical high on April 19, 2018.

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Bursa Malaysia


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