Wednesday, 14 Oct 2020 01:56 PM MYT
This, it said, could result in cautious investor sentiment on weaker-than-expected corporate earnings and an escalation of trade tensions. Of note, retail investors drove trading value and volume on the local bourse, overtaking domestic institutional investors, although more recent profit-taking activity since August has led to some price correction.
Cumulative NR outflows, which peaked in April 2020, have since reversed to record a RM4.3 billion net inflow until end-August 2020, amid the gradual improvement in global investor sentiment and a continued stable base of NR investors, such as governments and central banks, in the domestic bond market.
Source: News Formal (newsformal.com)
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