Malaysia: Foreign portfolio inflows remained firm in April – UOB

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Malaysia: Foreign portfolio inflows remained firm in April – UOB
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Malaysia: Foreign portfolio inflows remained firm in April – UOB – by pabspiovano Malaysia Banks Portfolio

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting comment on the publication of foreign portfolio data in Malaysia.“Malaysia continued to draw foreign portfolio inflows for a fourth straight month in Apr despite lingering concerns about global banking sector turmoil, US debt ceiling, and dimmer growth prospects.

“Moving into 2H23, we continue to expect volatile capital flows into emerging markets including Malaysia as investors remain wary of any further upheaval in the US financial system, potential US debt default, deteriorating global growth, and geopolitical risks emanating from upcoming elections for a handful of EMs.

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