After years of getting shunned, Malaysia’s stock market is regaining favour with global investors.

International funds turned into net buyers of the equities this year as Prime Minister Datuk Seri Anwar Ibrahim drove policies to boost foreign investment in the semiconductor industry and artificial intelligence (AI) data centres. Foreigners had sold about US$11.5 billion (RM53.77 billion) of their holdings on a net basis in the previous six years, according to data compiled by Bloomberg.