IN March this year alone, foreign shareholders net sold some RM4.63bil worth of positions in the equity market, the largest outflow in a month since RM5.52bil left the market after the Covid-19 pandemic in March 2020.
It was also the fourth largest monthly outflow over the past decade, eclipsed only by the May and June 2018 outflow of RM5.60bil and RM4.93bil, respectively, just after Barisan Nasional shockingly lost in the 13th General Election (GE13).
