In its weekly fund flow report, MIDF Research said that foreign investors acquired RM273.3mil worth of Malaysian equities in net value last week. The figure, which excluded off market trades, was more than three times the amount acquired in the preceding week worth RM86.6mil.
KUALA LUMPUR: Foreign funds ramped up their selling activity last week, marking the eight uninterrupted weeks of outflows, according to MIDF Research.
“Based on preliminary data from Bursa which excluded off market deals, the net amount offloaded by foreign investors last week stood above the RM1bil level for the fifth time this year at RM1.89bil net,” the research house said in its weekly fund flow report.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
