MIDF Research: Foreign funds bought net RM506m of Malaysian equities

KUALA LUMPUR: Foreign funds purchased a moderately strong net RM506.6million net of Malaysian-listed shares in the open market in the week ended Sept 20, compared with net RM812.5mil the week before, said MIDF Equities Research.

“That was the second consecutive week of foreign money inflow. In the six weeks prior to that, a total amount of RM8.0bil or US$2.43b of foreign liquidity left Malaysian equity,” it said on Monday.