Phillip Capital Management Senior Vice President (Investment) Datuk Dr Nazri Khan said US equities closed lower on last Thursday after a revisit towards the S and P 500's November highs on trade war updates, while US Treasuries slid, and Brent crude dropped a dollar from the four-month peak to halt an incline in European energy stocks.
KUALA LUMPUR: Foreign funds turned net sellers on Bursa last week, snapping the five-week buying spree on Bursa.
“Based on data from Bursa, foreign funds took out RM369.2mil net of local equities, the largest weekly foreign net outflow in eight weeks,” MIDF Research said in its weekly fund flow report.
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