QUOTE(kelvinfixx @ Mar 30 2016, 11:06 AM)
This could be one of the factor:KUALA LUMPUR: Foreign money is returning to Malaysia at the fastest pace in Southeast Asia this year with about RM4.4 billion pumped into the nation’s equities, Bloomberg reported today.
This is significant because 2015 saw the biggest outflows of fund from Malaysia since the global financial crisis.
Quoting MIDF Amanah Investment Bank Bhd, which cited stock-exchange data, the Bloomberg report said inflows for March were at the highest since April 2013.
The FTSE Bursa Malaysia KLCI Index, it added, was “headed for its best monthly performance in more than three years as stocks trade near the cheapest relative to global equities in almost a decade”.
Malaysia is leading other SEA nations in terms of money flowing into stock-exchanges, with Indonesia coming next and followed by Thailand.
Mar 30 2016, 01:14 PM

Quote
0.0227sec
0.86
7 queries
GZIP Disabled