No let-up of foreign selling on Bursa

KUALA LUMPUR: Foreign funds continued to reduce their shareholdings in Malaysian companies with net selling at -RM219.9mil on Tuesday, according to BIMB Securities Research data.

However, the selldown was well absorbed by local funds which continued to accumulate. Local funds were net buyers at RM218.5mil and retail investors were net buyers at a mere RM1.4mil.