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KUALA LUMPUR: Foreign investors selling on Bursa Malaysia extended to a seventh straight week, but at a slower pace of RM451.09mil last week from RM579.73mil in the prior week, according to MIDF Research.
KUALA LUMPUR: Malaysia recorded an increase in foreign portfolio outflows totalling RM5bil in July as foreign funds continued to reduce their stakes in local equities and debt securities due to local and external factors.
KUALA LUMPUR: After seven weeks of net outflow, foreign investors turned net buyers last week with a marginal inflow amounting to RM14.07mil, according to MIDF Research.
KUALA LUMPUR: The local stock market edged up in early Tuesday trade, with chip makers and tech stocks taking the lead again, as investors hoped for a quick resolution to the country’s political situation after the resignation of the Cabinet on Monday.
KUALA LUMPUR: Bursa Malaysia shed some of the recent gains in early Wednesday trade as the nation awaited news about the successor for the prime minister’s post.
KUALA LUMPUR: Shares on Bursa Malaysia settled lower on Thursday, on profit-taking, mirroring the performance of its regional peers.
KUALA LUMPUR: Foreign funds continued to shy away from Malaysian Government Securities (MGS) and Government Investment Issue (GII) last month, and the situation is likely to extend into August as well, said RAM Rating Services Bhd (RAM Ratings).
KUALA LUMPUR: The FBM KLCI continued its rally at the start of Wednesday trading, building on the momentum picked up after three straight days of gains.
KUALA LUMPUR: Foreign buying helped propel the FBM KLCI sharply higher for the fourth consecutive session on Wednesday on the back of buying interest in the index-linked stocks.