Foreign funds back in selling mode on Bursa last week


KUALA LUMPUR: Foreign funds turned net sellers last week with net outflow of RM288.13mil against a net buying of RM326.06mil in the preceding week.

“As the market reopened on Monday last week, foreign investors sold RM57.15mil net of local equities, with retailers and local institutions as net buyers to the tune of RM15.97mil and RM41.18mil respectively,” MIDF Research said in its weekly fund flow report.

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MIDF , fund flow , Bursa Malaysia

   

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