Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid (pic) said foreign fund outflows slightly eased to RM734.18mil between Monday and Thursday last week from RM736.28mil in the same period last week.
KUALA LUMPUR: The continuous net foreign outflows in the equity market reflect that offshore investors are taking a defensive strategy and shifting into risk-free assets such as government securities.
Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said foreign fund outflows slightly eased to RM734.18mil between Monday and Thursday last week from RM736.28mil in the same period last week.
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