Foreign investors net buyers of Malaysian equities at RM283m

KUALA LUMPUR: Foreign investors continued to be net buyers of Malaysian equities in the week ended Feb 22, 2012 despite the general weakness on Bursa Malaysia, according to MIDF Equities Research.

It said on Monday foreign investors were net buyers for 11 weeks in a row. On a net basis, foreign investors bought net RM283mil in equities in the open market last week, compared with net RM437.2mil the week before.