A market player was lamenting yesterday of foreigners not only sold their stock market holdings but went short.
What actually happened is more startling than the report by The Star here of foreign investors selling-off RM2.48 billion worth of shares caused the biggest fall to the Bursa since August 2013.
Singapore's Business Times here reported all the foreign inflow into the stock market for 2018 outflowed within days after the general election.
Prior to the election, foreign analysts forecasted BN to win and were generally supportive of the macroeconomic policies of former Prime Minister, Dato Mohd Najib Tun Abdul Razak.
The BN loss was not taken well by foreign investors who views the unconventional policies by the new government not to their liking and would be disruptive to the Malaysian economy.
Words coming out from the new government leaders does not indicate any intention to win back their confidence.