Foreign funds dispose of RM383.76mil net of Bursa equities

KUALA LUMPUR: Foreign selling continued on Bursa Malaysia for a third consecutive week with a net outflow of RM383.76mil even as the performance of the local market was seen lagging behind that of its regional peers.

While a risk-on mood was seen returning to global markets following the release of US inflation data, the FBM KLCI was seen dropping 0.86%, the worst-performing in a list of major equities indices.