Intensified foreign selling seen on Bursa Malaysia

  • Markets
  • Wednesday, 12 Sep 2018

KUALA LUMPUR: The pace of foreign selling on Bursa accelerated last week ahead of the long weekend.

“Based on preliminary data from Bursa which excluded off market deals, international funds dumped RM663.4mil net of local equities last week, the highest in 9 weeks and was 40 times more than the amount withdrawn in the preceding week,” MIDF Research said in its weekly fund flow report.

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