Bursa’s outlook brightens as Fed eases rates

CGSI Research noted that local institutions remained net buyers of local equities in July.

PETALING JAYA: The outflow of funds from Bursa Malaysia in July was likely due to foreign investors moving their asset allocation to countries that negotiated tariff rates with the United States that were lower than that announced during Liberation Day.

These include Indonesia and Thailand, whose indices were the strongest gainers worldwide in the month.