Foreign funds step up buying on Bursa Malaysia


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: Foreign funds upped the ante in acquiring stocks listed on Bursa, acquiring RM171.7mil of local equities last week, according to MIDF Research. 

The research house said the amount was six times more than the amount bought in the week before.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

fund flow , MIDF , Bursa

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Tolerance for a cheaper yuan may be temporary
InNature diversifies into the F&B industry
CIMB Securities eyes larger market share
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Phison makes another attempt to enter Malaysia’s tech space
Inari switches gear to remain relevant

Others Also Read