KLSE (MYR): PMETAL (8869)
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Last Price
5.06
Today's Change
+0.02 (0.40%)
Day's Change
5.00 - 5.21
Trading Volume
14,577,800
18 people like this.
15,923 comment(s). Last comment by Fabien _the efficient capital allocator 3 days ago
2024-09-30
2024-09-30
2024-09-28
2024-09-20
Maggimee123
2 posts
Posted by Maggimee123 > 2017-12-01 11:46 | Report Abuse
@Yu_and_Mee, a large number of foreign funds are not allowed to invest out of the main index, especially foreign funds, could be due to familiarity threat and usually their clients want to compare the performance against the index itself. So now that it has been added, they can buy. Don't forget an appreciating MYR story as well. OPEC just agreed to extend oil supply cut for the whole of 2018.