An analyst told Bernama that the macro factors expected to affect the FTSE Bursa Malaysia KLCI next week, includes the Group of Seven(G7) meeting as investors search for clues on the trade outlook, as well as the timing of the next interest rate hike by the US Federal Reserve (Fed) which meets on June 12.
KUALA LUMPUR: International investors continued to make their way to accumulate stocks listed on Bursa last week albeit at a rather similar pace compared to the week before, according to MIDF Research.
In its weekly fund flow report, MIDF said based on preliminary data, foreign investors acquired RM324.7mil equities last week, the eight time in 2018 that weekly foreign buying levels exceeded RM300mil.
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