EWM - EWM: The AI Boom Arrives In Malaysia
2024-06-30 05:25:43 ET
Summary
- Malaysian stocks have begun to reverse a decade-long slump.
- AI-led investments are fueling a new leg of growth.
- The fundamental/technical setup screens favorably here.
It’s been a torrid decade for investors in Malaysian large-cap equities, but thanks to a confluence of new tailwinds, the country's fortunes may finally be turning. Since my last piece on iShares’ MSCI Malaysia ETF ( EWM ) (see EWM: Clearer Skies Ahead For Malaysian Stocks ), Malaysian large-caps have bottomed out and, over the last year, delivered the best returns in Southeast Asia....
EWM: The AI Boom Arrives In Malaysia