More foreign fund inflows forecast in second half

Head of research Kenny Yee Shen Pin said the flight of funds back to Asia was imminent in the event of heightened uncertainties on Wall Street.

PETALING JAYA: The prevailing low valuations and a relatively steady economic outlook are expected to bring continuous foreign funds into Malaysia in the second half of 2022 (2H22) despite the subdued investor sentiment on the local bourse, says Rakuten Trade Sdn Bhd.

Head of research Kenny Yee Shen Pin said the flight of funds back to Asia was imminent in the event of heightened uncertainties on Wall Street.