Stock Flows in Malaysia Make Big U-Turn Amid 1MDB Scandal: Chartby
Foreign funds are making a dash for the exit as international probes related to troubled 1Malaysia Development Bhd. widen into one of the worst global financial scandals. Overseas investors have pulled money from Malaysian stocks for a fifth straight week following the longest buying spree in two years. The FTSE Bursa Malaysia KLCI Index is the only decliner among major developing peers in Southeast Asia in 2016.