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Foreign fund outflow widens

KUALA LUMPUR: Foreign investors continued to offload Malaysian equities in the Aug 24-27 period, with net selling widening slightly to RM370.4 million against RM344.2 million last week. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said Bursa Malaysia started the week on a weak note as international funds disposed of RM120.9 million worth of local […]

Outflow continues, KLCI under pressure

KUALA LUMPUR: The volatile trading throughout the week — driven by the United States (US)-China trade war, declining global banks’ performance, as well as the steady increase in Covid-19 cases globally — has led to the 25th consecutive week of net foreign selling in the local equity market. On a Thursday-to-Thursday comparison, the net outflow […]

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. […]

Foreign fund outflow doubles to RM889.62 mln this week

KL fisheye birdeye

KUALA LUMPUR: Foreign investors continued to offload Malaysian equities in the April 20-23 period, with net sales almost doubling to RM889.62 million against RM456.09 million in April 13-16 as risk appetites were dampened by weak market sentiments following the slump in oil prices. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul said Monday proved to be a turbulent day as […]

Net outflow dominates market amid political turmoil

KUALA LUMPUR: Malaysia saw its net outflow dominated the equity market last week, surpassing a net sell of over RM1.15 billion compared with the previous week’s RM447.9 million due to the unnerving political turmoil which culminated in the scramble among political parties seeking to form the next government. An analyst said the one-week political instability had caused the net outflow […]