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 […]

Malaysia records funds outflow of RM409.14 mln amid outbreak

Wuhan Virus Impact KUALA LUMPUR: Foreign investors were net sellers in the local equity market last week, recording a total net outflow of RM409.14 million from Jan 28-30 against a net inflow of RM23.48 million from Jan 20-23. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said this came after news about the 2019 novel […]