Economic proxy play


Yong: It is the overall revival in private investment that will make the Malaysian investment case compelling.

The FBM KLCI is at four-year highs and many are probably hoping the Malaysian equity market is ripe for a bull run after a decade of trending lower.

The case being laid out for the bullish market is quite constructive. The benchmark index is up some 13.7% year-on-year at 1,653 points since the launch of the Madani Economy framework which has helped raise investor confidence and investments from foreign and domestic sources.

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