Rating upgrade to spur fund inflows


PETALING JAYA: Analysts and fund managers are expecting further foreign fund inflows following a country upgrade by JPMorgan from “underweight” to “neutral.”

The rating upgrade could send further longer-term foreign interest into Malaysian stocks, they said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

FBM KLCI dips after five-day rally, poised to end on a weekly gain
Advance estimate puts Malaysia's 4Q GDP at 5.7%
Applications open for Jelawang Capital's next Emerging Fund Managers' programme
Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
Bursa Malaysia buoyed by improved investor appetite
IMF's growth forecasts to show resilience to global trade shocks, Georgieva says
Trading ideas: Binastra, Kerjaya Prospek, D&O, Dengkil, SkyGate, NexG, Vestland, Chin Hin, SC Estate Builder, ES Sunlogy, Infomina

Others Also Read