Net foreign outflow from Bursa jumps to RM556.9mil


The Star

KUALA LUMPUR: The net foreign outflow from Bursa Malaysia accelerated 64% over the week to RM556.9mil, in tandem with the Federal Reserve's hawkish interest rate guidance.

Based on MIDF Research data, foreign investors net sold Malaysian equities on every trading day of the past week, with the highest net sales of RM183.1mil on Monday.

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