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PETALING JAYA: With the moratorium on bank loans ending at the end of this month, some selling pressure is expected on the horizon for the local stock market.
KUALA LUMPUR: After a month of outflow, foreign investors have turned buyers during last week, injecting RM71.2mil net of equities into the local market against RM589.4mil net sold during the whole of the previous week.
KUALA LUMPUR: Foreign funds changed course by turning to be net buyers to the tune of RM70.91mil in comparison to net selling the previous week, according to MIDF Research.
KUALA LUMPUR: Foreign funds sold RM589.38mil net of local equities last week against RM485mil disposed in the week prior, according to MIDF Research.
KUALA LUMPUR: Foreign funds continued to offload local equities last week, selling RM485mil, the largest outflow in August, according to MIDF Research.
KUALA LUMPUR: Foreign funds were back in selling mode on Bursa Malaysia last week, according to MIDF Research.
KUALA LUMPUR: The ringgit opened easier against the US dollar today, as the greenback gained some strength from the US bond market and improving US business activity and home sales readings for July 2020.
KUALA LUMPUR: The foreign funds were back in buying mode on Bursa last week, snapping up RM274.4mil net of local equities as compared to RM776.1mil, weekly average, since early this year, according to MIDF Research.