Foreign funds step up selling on Bursa Malaysia


KUALA LUMPUR: Foreign funds upped the ante in disposing of stocks listed on Bursa Malaysia, selling RM534.78mil of local equities last week against RM288.13mil in the preceding week, according to MIDF Research.

“As the market reopened on Monday last week, foreign investors sold RM199.66mil net of local equities, with retailers and local institutions as net buyers to the tune of RM72.69mil and RM126.97mil respectively.

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MIDF , fund flow , Bursa Malaysia

   

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