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

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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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