KUALA LUMPUR: Bursa Malaysia continued to see an exodus of foreign funds last week, marking the third consecutive week of foreign net selling.
“Based on data from Bursa, foreign investors sold a whopping RM770.8mil net of local equities last week, more than four times compared to RM150.9mil in the week before. This is the biggest weekly foreign net outflow in eight weeks, ” MIDF said in its weekly fund flow report.
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