Blog: Foreign fund outflow widens to RM370.4m during Aug 24-27 period

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3 comment(s). Last comment by teoct 2020-08-30 14:16

DickyMe

14,891 posts

Posted by DickyMe > 2020-08-30 11:48 | Report Abuse

It will tear down more after the extended MCO.

DickyMe

14,891 posts

Posted by DickyMe > 2020-08-30 11:50 | Report Abuse

Governments should realise that they are fighting with the unknown. How can you find a solution to something you don't know. Medical science had failed and they keep guessing. Economies and normal life is at stake.

teoct

480 posts

Posted by teoct > 2020-08-30 14:16 | Report Abuse

I find this obsession of foreign fund flow in Bursa vexing.

Since May 2018, foreign fund has taken OUT RM 15.7B (2018), RM 11B (2019) and to-date RM 20.2B. There is still 4 months to go. Sincerely, I do not see anything that foreign funds would want to invest in in Malaysia.

It can be concluded that Malaysia stocks are furthermost in the mind of the foreign fund. The giant - China, via HK is where the action is now.

Even Lee Kwan Yew said years ago: The size of China’s displacement of the world balance is such that the world must find a new balance. It is not possible to pretend that this is just another big player. This is the biggest player in the history of the world.

So move on Malaysian.

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