Foreign investors extend net buying of local equities for fifth week

KUALA LUMPUR: Foreign investors invested into Bursa Malaysia for a fifth straight week with a net inflow of RM786.1mil in the week ended Feb 23, 2024, which was more than double the net inflow registered in the prior week.

According to MIDF, there was net buying on every trading day of the week, which brought the net buying streak of offshore funds to 16 consecutive days, a feat not seen since February 2022.