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.