Investors hunting for value in Malaysian stocks
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Kuala Lumpur
WITH Malaysian stocks on the brink of their longest stretch of annual losses ever, one money manager is buying amid bets valuations and signs of shifting overseas sentiment, will spur a rebound.
Gan Eng Peng of Affin Hwang Asset Management Bhd says earnings are stabilising after sinking to the lowest since 2011, while an undervalued ringgit may prompt foreigners to consider buying again.
