Malaysia’s AI Push Lures Stock Investors After Years of Outflows
- Earnings growth will accelerate with policies in place: BNP
- IPOs have surged with $723 million raised so far this year
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After years of getting shunned, Malaysia’s stock market is regaining favor with global investors.
International funds turned net buyers of the equities this year as Prime Minister Anwar Ibrahim drove policies to boost foreign investments in the semiconductor industry and artificial intelligence data centers. Foreigners had sold about $11.5 billion of their holdings on a net basis in the previous six years, according to data compiled by Bloomberg.