Foreign selling extends to 4th week at slower pace


KUALA LUMPUR: Foreign funds selling of local equity extended to fourth straight week, but at a slower pace of RM173.93mil last week from RM323.98mil in the prior week, said MIDF Research.

As the market reopened last Monday, foreign investors sold RM96.60mil net of local equities, with retailers and local institutions as net buyers to the tune of RM59.10mil and RM37.50mil, respectively.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Bursa Malaysia , MIDF , fund flow

   

Next In Business News

South Korea to consult Naver to divest stake
Yen shorts rise to fresh record
Palm planters seek replanting tax incentive
Sarawak Plantation makes headway with rehabilitation
Lofty US stocks leave investors punishing earnings disappointments
ESG reporting landscape and the role of regulators
Ringgit likely to trend around 4.77 to US dollar
India expects annual power output to grow rapidly
Bursa M’sia likely to trade range-bound this week
Keep the faith on inflation but prepare to be disappointed

Others Also Read