Offshore funds purchase of RM478.2mil net of local equities

KUALA LUMPUR: Bursa Malaysia registered a net inflow of foreign funds for a second consecutive week to the tune of of RM478.2mil.

MIDF Research said in its weekly fund flow report that the majority of the influx, amounting to RM389.2mil, was recorded on Thursday when Bank Negara announced its decision to maintain the overnight policy rate at 3%.