Foreign funds snap four-week buying spree


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: Foreign funds turned to selling mode last week after four straight weeks of buying into stocks listed on Bursa Malaysia. 

“Based on data from Bursa, foreign funds sold RM6.9mil net of local equities last week, the smallest weekly foreign net outflow thus far this year,” MIDF said in its weekly fund flow report. 

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Bursa , MIDF , fund flow

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