Malaysia attracts hot money
Article Abstract:
The rise of short-term investors in Malaysia has fuelled the growth of the country's stock market. Despite efforts by the government to promote long-term, fundamentals-based approach to investing, mutual funds have continued to draw the interest of foreign investors due to their growth potential. The rally in short-term stocks was further bolstered by the emergence of various momentum players who focused primarily on generating instant cash.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Pica's volatile niche keeps potential investors at bay
Article Abstract:
Private Investment Company for Asia (Pica) has listed itself at the Kuala Lumpur Stock Exchange on Oct. 1996. The company boasts of a strong profit record, registering a compounded growth rate of 26% since 1991. Despite its strong profit performance, however, some analysts remain skeptic about Pica's chances of attracting substantial investors, arguing that other factors contribute to a stock's success.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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