KUALA LUMPUR: Foreign investors selling on Bursa Malaysia extended to a seventh straight week, but at a slower pace of RM451.09mil last week from RM579.73mil in the prior week, according to MIDF Research.
In its weekly fund flow report, MIDF said foreign investors were net sellers every day of the week with the largest foreign outflow recorded last Friday and the smallest outflow last Thursday to the tune of RM133.77mil and RM36.80mil respectively.
Retailers were net buyers every day last week with the largest net buying recorded last Wednesday at RM112.28mil.