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

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KUALA LUMPUR, July 25 — The government’s dedication to economic reforms and ongoing positive growth indicators continue...

The report said international funds turned net buyers of the equities this year as Prime Minister Datuk Seri Anwar Ibrahim implemented policies to boost foreign investments in the semiconductor industry and AI data centres.

He said that according to the Department of Statistics Malaysia (DoSM), 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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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Tengku Zafrul Abdul Aziz Bursa Malaysia Stock market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 09:47:29 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 248 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 21771895

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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Year Established: 1896

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Publisher ID: #106

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