Turning point for Bursa beckons as foreigners pile in

Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade.

KUALA LUMPUR: Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net $97 million into local stocks this month through March 22, while withdrawing a combined $1 billion from four other Southeast Asian markets tracked by Bloomberg.