Foreign funds net sellers on Bursa Malaysia last week


Affin Hwang Investment Bank Vice President/Head of Retail Research Datuk Dr Nazri Khan Adam Khan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) would remain buoyant and touch 1,730.

KUALA LUMPUR: Foreign investors continued pulling out from Malaysia albeit at a slower momentum last week, according to MIDF Research.

Based on preliminary data by Bursa Malaysia, the amount sold was RM205.5mil net, the second highest out of the only five weeks that net sale had been recorded this year.

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