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KUALA LUMPUR: MIDF Equities Research estimates cumulative net foreign outflow in 2015 at RM7.5bil, surpassing the RM6.9bil outflow for the entire 2014.
BANGKOK: Most Southeast Asian stock markets rose for a second session on Thursday with the Thai index closing at a near three-week high, but foreign investors continued to sell risky assets amid speculation over an early rate hike by the U.S. Federal Reserve.Foreign investors sold a net $65.26 million worth Malaysian shares and $50.61 million worth Indonesian shares.
Jakarta saw a net foreign outflow of $76.92 million, while Malaysia witnessed $53.45 million of net foreign selling, and Philippines saw $27.56 million outflow. Thailand saw a net selling of $14.80 million.
Zeti: Currency weakness temporary, fundamentals will prevail
KUALA LUMPUR: Foreign selling pressure picked up pace in late Monday morning trade, with Telekom Malaysia, RHB Capital and Tenaga among the top losers.