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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
Shedding light on power sector prospects
EQ expands to Thailand

Others Also Read