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: Foreign inflows into stocks listed on Bursa took a breather last week but marked its fourth week of inflows, the longest streak since the week ended Dec 29, 2017 to Feb 2, 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 RM24.6mil net, the second lowest weekly inflow so far this year,” MIDF said in its weekly fund flow report.
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