Foreign funds boost Bursa outlook

KUALA LUMPUR: Bursa Malaysia seems to be expecting greater liquidity and vibrancy as foreign fund flows have turned steady of late, said analysts. Things could also get rosy for the local stock market following a small-and mid-cap listed company research scheme and a RM3 billion fund from government-linked investment companies (GLICs) proposed in the 2017 Budget. Inter-Pacific Securities Sdn Bhd research head Pong Teng Siew said stock market liquidity is gradually improving, supported by fo