MIDF
PETALING JAYA: Bursa Malaysia seems to have been able to reverse its recent trend of nine consecutive weeks of foreign money outflows after these foreign funds were recorded to have bought up RM25.5mil of local equities last week.
In its weekly fund flow report, MIDF Research said yesterday that the local market recorded a foreign net outflow of RM86.3mil last Monday, which is the highest in nine trading days while the local bourse gained 0.56% to close at 1,679 points on that day.
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