A total of RM6.5bil in foreign money exited local equities in the past 14 weeks"
PETALING JAYA: Foreign funds sold Malaysian shares at the fastest rate in two months last week as the appeal of local stocks with expensive valuations and unexciting earnings growth prospects waned with overseas investors.
According to data compiled by MIDF Research, a total of RM6.5bil in foreign money had exited Malaysian equities in the past 14 weeks,
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