Foreign buying returns on Bursa Malaysia after five weeks of outflows

In its weekly fund flow report, MIDF Research said that foreign investors acquired RM273.3mil worth of Malaysian equities in net value last week. The figure, which excluded off market trades, was more than three times the amount acquired in the preceding week worth RM86.6mil.

KUALA LUMPUR: International funds finally made their way into stocks listed on Bursa after five straight weeks of net selling.

According to MIDF Research, foreign funds acquired RM86.3mil of local equities last week, the second lowest weekly foreign net inflow recorded so far this year.