Foreign funds return to Bursa with net inflow of RM247mil

KUALA LUMPUR: Bursa Malaysia saw a slight recovery this week, registering a net inflow of foreign funds totalling RM247.1 million from Tuesday to Thursday (Sept 10-12) compared with a foreign net outflow of RM198.0 million in the corresponding three-day period last week.

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said foreign investors accounted for 34.68 per cent of the market this week, while local institutions dominated at 45.84 per cent and local retailers’ participation stood at 19.48 per cent.