Chartists have mixed views on small-cap stocks and some point to technical indicators as showing an overbought indicator on some 90% of the small-cap stocks on Bursa Malaysia.
PETALING JAYA: General foreign investor activity remained suppressed for the week ended Aug 25 despite an uptick in trade aggressiveness, according to MIDF Research.
“For the week, foreign funds withdrew RM382.1mil net based on transactions in the open market, excluding off market deals. This is the highest weekly attrition for the year,” it said in a report.
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