KUALA LUMPUR: Foreign funds acquired RM32.4mil worth of equities on Bursa Malaysia last week, snapping a nine-week selling streak, according to MIDF Research.
“As the market reopened last Monday, foreign investors sold RM74.3mil net of local equities, with retailers and local institutions both as net buyers to the tune of RM4.16mil and RM70.1mil respectively,” MIDF said in its weekly fund flow report.
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