KUALA LUMPUR: Foreign funds continued to sell down their stakes in Malaysian equities in the four days ended Jan 15, pushing the total net selling to rise to RM1.045bil, according to BIMB Securities Research.
It said on Friday net foreign outflow was RM336.7mil Thursday but it “expects the FBM KLCI to remain firm and expect foreign funds outflow to trickle down following the heightened volatility in Eurozone”.
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