Foreign funds step up buying on Bursa Malaysia


Bursa Malaysia asked the company to disclose any corporate developments in the company including those at negotiation level. It must also divulge

KUALA LUMPUR: International investors upped the ante in stocks listed on Bursa despite the nerve-wrecking developments coming from the us, according to MIDF Research.

“Based on preliminary data from Bursa which excluded off market deals, the net amount acquired by foreign investors last week amounted to RM447.1mil net, three times larger than the RM141.2mil net bought in the preceding week,” MIDF said in its weekly fund flow report.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!
   

Next In Business News

Loan growth of 7% for CIMB
Awantec to bank on synergistic offerings
Semiconductor industry offers chance for growth
Tasco’s diversity provides strong growth prospects
FBM KLCI’s bullish momentum
OCK in Laos tower leasing agreement
Ministry and Mida ink human development deal
MAG inks partnership with Youth and Sports Ministry
Pelaburan Hartanah confident of achieving its target
Feytech in the driver’s seat in terms of growth

Others Also Read