Net foreign selling at RM558mil from Sept 1-3


Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said Bursa Malaysia got off to a rough start in September as international investors dumped RM379.9mil net of local equities on Tuesday, a level not seen in a day since April 2018.

KUALA LUMPUR: Foreign investors continued to offload Malaysian equities during the Sept 1-3 period, with net selling widening to RM558mil from RM484.9mil during the Aug 24-28 period.

Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said Bursa Malaysia got off to a rough start in September as international investors dumped RM379.9mil net of local equities on Tuesday, a level not seen in a day since April 2018.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Foreign selling , stocks , September , Bursa Malaysia ,

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read