Foreign fund outflow from the local equities market dwindled to RM57.7 million in the Dec 16-19 period. — Reuters pic
“There seems to be some respite in terms of global risks for now, which has resulted in the risk-on mode to prevail. Going forward, Mohd Afzanizam said, foreign funds were likely to continue flowing into Malaysia as the government had shown its commitment to implement major infrastructure projects next year, which would benefit construction-related stocks.