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No thanks to big mouth mudland new government that did nothing useful except crash the stock market!
Bloomberg
Markets
Malaysia’s Stocks Selloff Has Investors Sniffing for Bargains
By
Livia Yap
July 4, 2018, 5:00 PM EDTUpdated on July 4, 2018, 10:36 PM EDT
Photographer: Sanjit Das/Bloomberg
A $33 billion selloff in Malaysian stocks since Mahathir Mohamad’s election has got Nikko Asset Management on the hunt for bargains.
Some of the nation’s banks, consumer and healthcare shares have now fallen to attractive levels, according to Kenneth Tang, a fund manager at the $220 billion Japanese investor. Risks over rising interest rates and a global trade war have also been discounted by the recent selling, he added.
“Companies that we have always wanted to own and felt that valuations were the only issue are now coming back in our favor,” Tang said in a recent telephone interview. “This is a good opportunity to get back into some of these growth proxies.”
Bloomberg
Markets
Malaysia’s Stocks Selloff Has Investors Sniffing for Bargains
By
Livia Yap
July 4, 2018, 5:00 PM EDTUpdated on July 4, 2018, 10:36 PM EDT
- Country’s stock market capitalization down $33b since election
- Good opportunity to get back into growth proxies: Nikko Asset

Photographer: Sanjit Das/Bloomberg
A $33 billion selloff in Malaysian stocks since Mahathir Mohamad’s election has got Nikko Asset Management on the hunt for bargains.
Some of the nation’s banks, consumer and healthcare shares have now fallen to attractive levels, according to Kenneth Tang, a fund manager at the $220 billion Japanese investor. Risks over rising interest rates and a global trade war have also been discounted by the recent selling, he added.
“Companies that we have always wanted to own and felt that valuations were the only issue are now coming back in our favor,” Tang said in a recent telephone interview. “This is a good opportunity to get back into some of these growth proxies.”