Recovery play gains strength on Bursa


PETALING JAYA: The recovery play on Bursa Malaysia has begun to pick up steam as local institutions and foreign investors appear to be making their way back to the once-battered stocks.

Looking into last week’s fund flow pattern, a key observation was that investors are switching into Covid-19 recovery play such as banks as well as transportation and energy players, as compared to Covid-19 pandemic play such as healthcare and technology.

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