Retail investors with 'money to play with' help Malaysian stocks recoup nearly all losses this year

Indonesia Berita Berita

Retail investors with 'money to play with' help Malaysian stocks recoup nearly all losses this year
Indonesia Berita Terbaru,Indonesia Berita utama

Greater participation by Malaysian retail investors has hit a record high this year, while foreign funds retreated from several stock markets around Asia.

that a "coincidence of factors" made the stock market "look very attractive to retail investors."

He explained that several measures by the government to support the economy during the pandemic-induced slump have given Malaysians greater access to cash. Those measures include allowing people to delay payments on certain loans and loosening the criteria for withdrawing money from a federal pension fund."Malaysians do like to have a go if there is the option of making serious money, that sort of feeling is there now," he added.

— to recoup almost all of its losses from a sell-off in March. As of Tuesday, the index has lost 2.1% this year — one of the smallest losses among major Southeast Asian indexes.

 

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Indonesia Berita Terbaru, Indonesia Berita utama

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