On price-to-earnings ratios, Malaysia is the third most expensive equities market in ASIA, after India and the Philippines, says Herald van der Linde, head of Asia Pacific equity strategy at HSBC.
Foreign investors pulled out net RM 19.5bn ($4.7bn) last year and RM 6.9bn in 2014, according to MIDF Research. So far this year, foreign equity investments are up net RM200 MILLION.
The average daily traded value of Bursa’s securities market declined slightly last year, to just over US$480 million The comparable figure for SGX, Singapore’s stock exchange, was US$800 million.