MIDF said the local institutions ended a four-week streak of net selling by net buying RM3.5mil last week.
KUALA LUMPUR: Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6mil during Sept 9 to Sept 13, marking the fifth consecutive week of net purchases.
According to its fund flow report, MIDF Amanah Investment Bank Bhd (MIDF) noted that foreign investors net bought shares on three out of five days during the week.
