Foreign outflow on Bursa narrows to RM38.16mil

KUALA LUMPUR: Foreign investors continued to be net sellers of Bursa Malaysia equities for a fifth consecutive week, although the pace of selling was significantly lower from a week before.

As fears over the Omicron variant of the Covid-19 pandemic subsided, MIDF Research data shows that net selling of Malaysian equities subsided to RM38.16mil, compared to a net outflow of RM348.36mil previously.