Foreign investors turn net sellers on Bursa amid soft market sentiment

KUALA LUMPUR: After seven consecutive weeks of net buying, foreign investors turned net sellers on Bursa Malaysia to the tune of RM163.64mil in the past week in tandem with a risk-off sentiment in global equities markets.

In its weekly fund flow report, MIDF Research noted equity markets worldwide were in the red over the last week on the back of worries over the new Covid-19 variant.