The research house said the stock exchange had a rough start to the week as foreign investors sold RM99.7mil net yesterday despite Fitch Ratings revising Malaysia’s 2019 growth forecast to 4.6% from 4.2%.
KUALA LUMPUR: Foreign selling on Bursa Malaysia narrowed to RM372.8mil last week from RM598.1mil in the preceding week, according to MIDF Research.
“Although foreign investors have sold stocks listed on Bursa for sixth straight week, there has been a gradual decline in foreign net selling activity for the past three weeks.
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