Market breadth was overwhelmingly negative to the tune of 727 to 170, with 330 counters unchanged. Out of the 100 FBM KLCI stocks, only four headed north.
KUALA LUMPUR: The momentum of foreign net selling activity on Bursa picked up last week, extending the selling streak to the sixth week, according to MIDF Research.
“Based on data from Bursa, foreign funds sold RM275.7mil net of local equities last week, almost four times more than what was seen in the week before,” the research house said in its weekly fund flow report.
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