KUALA LUMPUR: Foreign funds were net buyers on Bursa Malaysia on Tuesday, extending for the third days, allaying fears of a heavy outflow of foreign funds, says BIMB Securities Research.
Its data showed foreign funds were net buyers at RM58.4mil. However, local institutions were net sellers at RM41.1mil while retail investors joined the bandwagon to take profit with net selling at RM17.3mil.
Already a subscriber? Log in.
Celebrate Merdeka with 50% Off!
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!