Foreign funds step up buying on Bursa Malaysia


In a filing with Bursa Malaysia yesterday M and A Securities Sdn Bhd, on behalf of Nakamichi, said the exchange had given the company a timeframe until Nov 22 to submit an appeal against the delisting and that trading in the securities of the company would be suspended effective Nov 23.

KUALA LUMPUR: Foreign buying momentum on Bursa Malaysia continued for the fifth consecutive week, according to MIDF Research.

The research house said international investors acquired RM872.7mil net of local equities last week, higher than RM702.2mil net bought in the week before.

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