PETALING JAYA: The outflow of foreign funds from the local capital market, which have been substantial, will likely persist until president elect Donald Trump assumes office and investors get some clarity on policy direction.
While Malaysia’s economic outlook for 2025 remains favourable, a total of RM8.5bil in foreign funds exited the local debt and equity markets over the past two months following Trump’s election win in November and the US Federal Reserve (Fed) becoming more dovish on its rate cutting cycle.
