Come – Sarawak has attractive offers for investors
Foreign direct investments Sarawak possesses many strengths and advantages to attract foreign direct investments given its strategic location within Asean region. Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said Sarawak has an abundant of natural resources with political stability, business friendly policies and efficient civil service. He said this during the Asean Business […]
Foreign investors withdrew RM288.2 mln local equities last week
KUALA LUMPUR: Foreign investors withdrew RM288.2 million net of local equities during the third week of 2021 compared to the RM326.1 million acquired in the preceding week. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the week started on a rather sluggish note as international investors sold RM57.2 million net of local equities on […]
Foreign selling narrows to RM331.04 mln
KUALA LUMPUR: Foreign investors continued to remain as net sellers this week, however, the total net outflow narrowed to RM331.04 million from RM444.92 million last week. From June 29-July 2, average foreign participation declined to 15.5 per cent versus 16.3 per cent previously. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said […]
Foreign investors sell, locals pick up
RM444.92 mln sold off Bursa Malaysia last week KUALA LUMPUR: Foreign funds continued to remain net sellers exiting Bursa Malaysia last week, with the amount of outflow amounted to RM444.92 million from Monday to Thursday. This was, however, less than the amount in the corresponding period of the previous week (June 15-18) of RM445.35 million. […]
Riot says will fulfil special envoy duties well
SERIAN: The appointment of Serian MP Datuk Seri Richard Riot Jaem as the Prime Minister’s Special Envoy to East Asia is a boost for Serian in many ways. According to Riot, his responsibilities included bringing in investors from Japan, South Korea and Taiwan into the country. As a Sarawakian, Riot said it was also his […]
Net foreign sales rise to RM589.62 mln
KUALA LUMPUR: Foreign investors continued to remain as net sellers this week, as total net outflow rose to RM589.62 million from RM394.34 million recorded last week. The local equities market resumed trading on May 27, after being closed on Monday and Tuesday for the Hari Raya Aidilfitri holiday. An analyst said markets are expected to remain guarded going into next week, albeit with a […]
Foreign investors offloaded RM325.6 million of local equities
KUALA LUMPUR: Bursa Malaysia saw further deceleration in net selling by offshore investors for the eighth week running with RM325.6 million net of local equities offloaded by international investors compared to RM486 million net disposed of in the preceding week. In its weekly fund flow report, MIDF Research said Malaysia remained as the nation with the third […]
Equities market continues to be well supported by local institutions
KUALA LUMPUR: Foreign investors remained net sellers in the local equity market last week, recording a lower total net outflow of RM879.57 million from Monday-Thursday against RM930.62 million in the corresponding period from February 24-27. Bank Islam Malaysia Bhd said Malaysian equities market continued to be well supported by local institution funds with total net purchases amounting to […]
