INVESTORS are wondering if the Employees Provident Fund (EPF) which has been selling local shares lately, will resume its buying following the declaration of dividends.
“The EPF had been selling aggressively in the past five months ahead of this dividend declaration. It can resume buying in the market after declaring RM48bil in dividends, said Pong Teng Siew, head of research, InterPacific Securities.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
