KUALA LUMPUR: Offshore investors reduced their selling pressure on Bursa Malaysia in the week ended Oct 11 at -RM276.6m net of local equities compared with -RM770.8m net in the week before, MIDF Research said.
However, this was the fourth consecutive week of net selling by foreign funds. On a year-to-date basis, international funds have taken out -RM8.88bil worth of local equities from Bursa, making up 76.0% of last year’s foreign outflow of -RM11.69bil.
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