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NEW YORK/LONDON: Global stock markets ended lower on Friday as investors grappled with fears of rising inflation and a surge in coronavirus cases while the dollar edged higher after upbeat U.S. retail sales data reaffirmed an economy in strong recovery mode.
KUALA LUMPUR: Foreign funds selling of local equity extended to fourth straight week, but at a slower pace of RM173.93mil last week from RM323.98mil in the prior week, said MIDF Research.
AS the nation is fighting a tough battle against the raging Covid-19 pandemic, three particular news items have caught the attention of investors as it has brought to life the issues that have been bugging the country for a long time.
KUALA LUMPUR: Foreign investors’ net selling of local equities slowed down last week to RM147.87mil from RM173.93mil in the preceding week, according to MIDF Research.
Maybank AM launches All-China Focus Equity Fund
With the immunisation programme at top speed, is the economy on track for a full reopening by October?
Fund managers cautious on the Malaysian stock market
KUALA LUMPUR: Foreign investors continued to reduce their holdings on Bursa Malaysia for the sixth consecutive week, offloading RM579.73mil net of local equities last week.
BEIJING: Overseas investors have started loading up on Chinese stocks again following the rout last month that pushed the benchmark index to the lowest in nine months.