UOB Global Economics & Markets Research said on Thursday strong foreign purchases of Malaysian debt securities (2019: +RM19.9bil; 2018: -RM21.9bil) was the sole contributor to overall foreign portfolio inflows last year.
KUALA LUMPUR: Foreign portfolio flows returned to a six-year high inflow of RM8.8bil in 2019 which was in stark contrast with an outflow of RM33.60bil in 2018, according to UOB Global Economics & Markets Research.
It said on Thursday strong foreign purchases of Malaysian debt securities (2019: +RM19.9bil; 2018: -RM21.9bil) was the sole contributor to overall foreign portfolio inflows last year.
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