Foreign funds step up selling on Bursa


KUALA LUMPUR: The volatile stock market has seen foreign funds stepping up their selling of stocks on Bursa Malaysia, with the net selling rising to –RM269.2mil on Thursday.

BIMB Securities Research said the FBM KLCI closed down 14.87 points or 0.86% to 1,716.81 on Thursday with heavy selling on Tenaga Nasional and telco stocks.

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