Investors to pick up the riskier equities (ext: Edge)

The firmer close on key Asian markets and the US over the past week could provide more impetus for investors to pick up the riskier equities.

The buying interest would also be underpinned by state-linked funds' recent acquisitions of blue chips ahead of more fund launches.

Over past four weeks, Bursa market capitalisation had risen RM53 billion from RM818 billion a month ago to RM871 billion as of Friday.

However, as InsiderAsia has analysed that while it is clear the worst for the global economy is already behind us, the road to recovery will take some time to unfold.

"The US labour market remains weak and consumers continue to repair their battered balance sheets by building up savings," it said in a report.