Foreign funds step up selling on Bursa Malaysia


KUALA LUMPUR: Foreign funds remained net sellers for the second straight week with net outflow of RM193.86mil last week against RM135.63mil in the preceding week, according to MIDF Research.

“As the market reopened last Tuesday, foreign investors bought RM102.48mil net of local equities, with retailers and local institutions both as net buyers and net sellers to the tune of RM3.98mil and RM106.45mil respectively,” MIDF said in its weekly fund flow.

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Fund flow , MIDF , Bursa Malaysia

   

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