Bursa Malaysia sees second straight week of net foreign selling

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: Offshore funds remained as net sellers on Bursa for the second week, marking the third weekly inflow so far this year.

“Based on data from Bursa, foreign funds took out RM319.0mil net of local equities which was not much of a change from the RM369.2mil net outflow in the preceding week,” MIDF said in its weekly fund flow report.