PETALING JAYA: Foreign investors have been snapping up Malaysian equities, but this could not save the blue chips and penny stocks from a lacklustre performance since late October.
Amid a disappointing third-quarter economic growth and investors’ rejection of some of the Budget 2022 tax measures, the FBM KLCI and the FBM Small Cap Index had declined by 5.1% and 4.2% respectively over the last four weeks.
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