31. The Singapore and Kuala Lumpur exchanges are closely tied, with a large number of Malaysian stocks traded over the counter in Singapore. 32. The unexpected deficit pushed down Malaysian stocks and weakened the ringgit. 33. A strong rally in Malaysian stocks also boosted sentiment, they said. 34. A strong rally in Malaysian stocks also boosted sentiment. 35. All said and done, it cannot be denied that foreign fund managers are still staying away from Malaysian stocks. 36. All said, we feel that Malaysian stocks will continue to stay weak for the near term. 37. Be careful, as any substantial correction on the Dow wil likely pull down Malaysian stocks. 38. Dealers said trading continued to be dominated by Malaysian stocks. 39. Foreign funds, especially US-based hedge funds, were in the market to realign their portfolios in favour of Malaysian stocks, said dealers. 40. Foreign funds, especially US-based hedge funds, were said to be in the market to realign their portfolios in favour of Malaysian stocks, dealers said. |