He said the biggest catalyst for Malaysian equities would be confidence, as foreign investors were initially appalled by the mess that the new government uncovered. As at Dec 28, Malaysia had seen a total foreign net outflow of RM11.65bil. As such, Malaysia is set to record its largest yearly foreign net outflow since 2015 which saw RM19.49bil of equities being pulled out. This amount offsets foreign net inflow of RM10.33bil in 2017. In the first half, business owners and investors are still affected by the unsettled politics of the new government.

Source: The Star January 01, 2019 23:37 UTC