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IT has been three years since index constructor Morgan Stanley Capital International (MSCI) announced that it would adjust its equity indices so as to take into account free float levels. Back then, there was some hand wringing among our stock market players over the possibility of Malaysia suffering an exodus of foreign funds.a href=http://biz.thestar.com.my/bizweek/>LI>B>For the full Bizweek reports click here/B>/a>
INCREASING fears that the Severe Acute Respiratory Syndrome (SARS) outbreak will hit Asian economies hard, coupled with concerns over the US economic health, continued to fuel selling on stock markets across the region.