RM18 billion foreign fund inflows into market from Jan-May
Post-election catalyst for retail investors
Hot money outflows from June
In June, for the first time this year, foreign fund flows into Bursa turned negative. Between June and November, fund outflows totalled RM13.7 billion. Over the same period, foreign shareholdings in the stock market fell from a peak of 25.2% in May to 23.6% by end-November.
Fiscal consolidation and subsidy rationalisation
Corporate earnings yet to catch up with share price gains
|Source : Bloomberg|