Stimulus measures announced by China at the end of September have sparked market interest, with a significant amount of funds shifting towards the Chinese and Hong Kong stock markets, leading to massive outflows of foreign capital from multiple ASEAN markets including Malaysia.
Kenanga Research pointed out in its report that since the announcement of the stimulation measures, the FTSE Bursa Malaysia KLCI has fallen by 2.5%, reflecting a regional phenomenon of capital flow.
According to Bloomberg data, in the 3 months leading up to September, Malaysian stocks had a net monthly inflow of approximately 1 billion US dollars (about 4.27 billion ringgit), but in early October there was an exodus of foreign funds.
This phenomenon is not only seen in our country, in early October, foreign funds in Malaysia, Indonesia, and Thailand experienced a net outflow of nearly 0.6 billion US dollars (around 2.564 billion ringgit), with the Philippines being the only exception.
"As predicted in our end-of-season market outlook report, the first impact of stimulus measures is the capital flow of the stock market, while the impact on the Chinese economy remains to be seen."
However, based on analysts' basic assumptions, the risk of capital outflow in the Malaysian stock market is not significant, especially with the increasing attractiveness of investments in the technology and artificial intelligence sectors, coupled with stable overnight policy rates (OPR), providing further support to the market.
The trend of foreign capital inflow continues.
As a result, analysts are optimistic that under several potential protective measures, the overall trend of capital inflow in the Malaysian stock market is unlikely to experience a major reversal.
Firstly, the reverse flow of foreign capital in Malaysia has been relatively aggressive. Since the beginning of the year, although both Malaysia and Indonesia have been net inflows, the selling of Malaysian stocks by foreign capital has been more significant, mainly due to the SSE conglomerates index...

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my note from IBD webinar last week on “How to invest in AI”
What is AI?
Computer systems that can perform tasks typically requiring human intelligence
7 branches of AI
1. Machine learning
2. Robotics
3. Natural language processing
4. Deep Learning
5. Fuzzy Logic
6. Computer Vision
7. Expert Systems
Al In Everyday Life
1. Maps & Navigation (Waze, Google Maps)
2. Digital Assistants (Siri, Alexa)
3. Chatbots (ChatGPT, Bard, Llama 2, customer service)
4. Facial Recognition (A...

Artificial intelligence wave swept nearly half a year, also let Nvidia Corporation a push open the door of the U.S. stock trillion club.
Nvidia, which initially just wanted a piece of the game image computing, was not expected to become the leader in AI computing more than two decades later, almost monopolizing the entire AI server chip market.
The last to take over the server market was Intel, but its CPU lost to Nvidia's GPU in high-performance computing. at the same t...