Foreign funds net buyers after seven weeks of selling


Last week, foreign funds were net buyers at RM115.14mil which potentially marks a shift in sentiment after the announcement of the expansionary Budget 2021 to rejuvenate the Malaysian economy.

KUALA LUMPUR: Foreign funds were net buyers on Bursa Malaysia in the week ended Nov 6, the first time after seven straight weeks of selling, according to MIDF Research.

It said on Monday foreign funds were net buyers at RM115.14mil which potentially marks a shift in sentiment after the announcement of the expansionary Budget 2021 to rejuvenate the Malaysian economy.

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