Economic reforms, positive growth indicators drive foreign buying of Malaysian stocks, says Tengku Zafrul

Air Selangor: Water supply disruption recovers by 14.3pc as of 9am today, due to reach 40pc by 8am and 90pc by 8pm tomorrowInvestment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said it reflects investors medium- and long-term confidence in the country. — Bernama picKUALA LUMPUR, July 25 — The government’s dedication to economic reforms and ongoing positive growth indicators continue to drive foreign buying in Malaysia’s stock market.

“One of the reasons why the stock market is up is that it shows the confidence of our investors in the medium and long term, as well as showing that the government policies we have implemented so far are the right policies. He said that according to the Department of Statistics Malaysia , Malaysia’s economy is estimated to expand by 5.8 per cent in the second quarter of 2024, up from 4.2 per cent in the previous quarter.

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