21 days ago • Posted by William Ramstein
Malaysian markets see surge in foreign investors
Foreigners have poured a net $97 million into local stocks this month, while withdrawing a combined $1 billion from four other Southeast Asian markets. The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore. Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record $5.7 billion last year.