KUALA LUMPUR: There are indications of continued upside for Bursa Malaysia as the flow of foreign funds has turned towards the Malaysian market while the ringgit rebounded strongly against the US dollar after hitting its lowest in recent memory.
The ringgit strengthened significantly from RM4.7925/USD to RM4.6330/USD as foreign investors scooped up local equities, noted Malacca Securities Research.
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