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PETALING JAYA: Foreign funds will possibly make their way back to Malaysia by the third quarter of this year to take advantage of the current reasonable valuation and cheap ringgit, says online equity broker Rakuten Trade.
KUALA LUMPUR: Net selling by foreign funds rose to RM9.8bil since January but it still remains as the country with the second lowest outflow amongst the Asean markets monitored by MIDF Research.
KUALA LUMPUR: Foreign fund inflow is expected to improve in the coming weeks as evident by the RM123.3mil in foreign funds which came in last Thursday – the highest inflow since Nov 8.
Foreign funds' purchase of Malaysian equities are declining, with the latest data showing they were net buyers of RM138.10mil in the week ended July 26, according to MIDF Equities Research.