Good impact: Gains made on Bursa Malaysia yesterday were due to the positive sentiment in Asian markets and the rise in US stock futures after the US and China agreed not to impose more tariffs on each other
KUALA LUMPUR: Foreign tide into stocks listed on Bursa accelerated last week, marking the second straight week of inflows, according to MIDF Research.
“Based on preliminary data from Bursa which excluded off market deals, overseas funds mopped up RM458.2mil net of local equities,higher than the RM348.9mil bought in the week before,” MIDF said in its weekly fund flow report.
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