Foreign funds sell RM1.75bil of Malaysian shares

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KUALA LUMPUR: There was an exodus of foreign funds from stocks listed on Bursa after six straight weeks of buying, according to MIDF Research.  

“Based on preliminary data from Bursa which excluded off market deals, international investors withdrew RM1.75bil net of local equities last week, wiping off around 92% of the net inflows worth RM1.92bil accumulated in the previous three weeks.