Foreign investors cumulative inflow surges to US$598mil in 1Q24

KUALA LUMPUR: Foreign investors continued to show interest in Malaysian equities with a cumulative inflow of US$598.0 million (US$1=RM4.67) in the first quarter of 2024 (1Q 2024) from US$170.7 million in the fourth quarter of 2023 (4Q 2023).

Bursa Malaysia Bhd in its report titled "Analysis on Institutional Capital Flow for the First Quarter of 2024” posted on ‘X’ today said North American investors continued to add Malaysian equities into their portfolios with an inflow amounting to US$413.5 million during the quarter.