The allure of foreign stocks

Aside from seemingly toppish valuations of the Malaysian stock market, there is also this disturbing statistic – the Malaysian market has been on a losing streak in the last few years.

AS equity markets around the world continue to get beaten down, an interesting prospect faces the Malaysian investor.

With global benchmarks such as the Dow Jones Industrial Average (DJIA) and S&P 500 Indexes trading at forward price-to-earnings (PE) multiples which have come off their record highs, it begs the question of whether Malaysian investors ought to be looking at putting more of their money into overseas markets.