Foreign investors turn net sellers with RM469.52mil net outflow

KUALA LUMPUR: Foreign investors were net sellers of Malaysian equities last week, with total outflow amounting to RM469.52mil against a net inflow of RM75.68mil in the preceding week.

“As the market reopened last Monday, foreign investors sold RM184.99mil net of local equities, with retailers and local institutions both as net buyers to the tune of RM121.41mil and RM63.58mil, respectively,” MIDF said in its weekly fund flow report.