Malaysia blue chips may see Christmas rally -analysts

Newswire

By Hsu Chuang Khoo KUALA LUMPUR, Dec 19 (Reuters) - Domestic funds scrambling for cheap blue chip stocks to dress up their portfolios promise to bring some Christmas glitter to Malaysia's benchmark index, Southeast Asia's worst performer this year, investors say. High oil prices, foreign competition and rising borrowing costs in the U.S. economy have been blamed for a spate of poor results at some of Malaysia's biggest companies, such as carmaker Proton Holdings and carrier Malaysia ...

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