Foreign funds start coming back, with political confidence


The better fund-flow is largely due the country’s political environment which has improved investors’ confidence over Malaysia’s equity market, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim

KUALA LUMPUR: After a month of outflow, foreign investors have turned buyers during last week, injecting RM71.2mil net of equities into the local market against RM589.4mil net sold during the whole of the previous week.

The better fund-flow is largely due the country’s political environment which has improved investors’ confidence over Malaysia’s equity market, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim.

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