Foreign funds nibbling on Malaysian equities again


KUALA LUMPUR: Foreign funds were net buyers on Bursa Malaysia on Tuesday, extending for the third days, allaying fears of a heavy  outflow  of foreign funds, says BIMB Securities Research.

Its data showed foreign funds were net buyers at RM58.4mil. However, local institutions were net sellers at RM41.1mil while retail investors  joined the bandwagon to take profit with net selling at RM17.3mil.

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