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THE US dollar appreciated by 0.41% to 99.89 owing to worsening US-China relations following:
KUALA LUMPUR: Foreign funds selling on Bursa Malaysia tapered to RM87.9mil last week during the holiday-shortened week, slowing down from RM1.13bil net selling a week earlier.
THE dollar depreciated 1.26% to 99.11 largely due to the month-end rebalancing added with the dovish Federal Open Market Committee (FOMC) meeting after the Federal Reserve (Fed) opened the door for more monetary easing and dampened expectations for a quick economic recovery from the coronavirus crisis.
It’s probably from proprietary trading desks in investment banks
KUALA LUMPUR: Foreign funds upped the ante in disposing of stocks listed on Bursa, selling RM1.13bil of local equities last week, the highest in five weeks, according to MIDF Research.
PETALING JAYA: After seeing the highest level of foreign outflows since May 2018, the bond market is poised for further pressure which may trigger more outflows at least in the near term
KUALA LUMPUR: Foreign funds stepped up their selling of equities on Bursa Malaysia to RM638.6mil last week against RM326mil in the preceding week, according to MIDF Research.
KUALA LUMPUR: Bursa Malaysia extended its gains early Monday, underpinned by KL Kepong and HLFG, while key Asian markets were treading cautiously.
KUALA LUMPUR: Late selling sent the FBM KLCI into the red at the close of trade on Monday as investors remained cautious with the Covid-19 pandemic continuing to weigh on confidence.
KUALA LUMPUR: Foreign funds selling on Bursa Malaysia slows down to RM326mil in the week ended April 10, the eight week of selling, according to MIDF Research.