Malaysian stocks surged last week as foreign buyers bid up the market and in particular smaller counters.
Dealers said much of the buying was from Japanese fund managers reallocating their portfolios towards Malaysia and away from troubled Indonesia.
A collapse of the Indonesian rupiah and signs of political tension in Jakarta have led to a withdrawal of some foreign capital out of Indonesia, with Malaysia the most prominent beneficiary.
The Kuala Lumpur Second Board advanced a hefty 12.41 per cent over the week, after a number of weeks of lacklustre trading.
Malaysian warrants also took off on hopes the market was set for a more prosperous period. The Kuala Lumpur TA Warrant Index climbed 6.12 per cent over the week.
Malaysian trade figures also lured investors.
