From the statistic it clearly show that in the last 1 month, our market has been supported by foreign investors in spite of the selling from local players, this is why KLCI has been on the top side and being resilient. Local players' exit may be due to anticipation of upcoming General Election which the date is still unknown. Foreign investors' inflow might be due to the dis-satisfactory market performance in their own market- US, Europe in particular. If foreign inflow is continued, our market might see even greater height going forward.
[Source]
No comments:
Post a Comment