PETALING JAYA: As of Saturday (May 11), a new Account 3 - known as Akaun Fleksibel - has been automatically created for all EPF members below the age of 55.
KUALA LUMPUR: The inflow of foreign funds into Bursa Malaysia continued with a net sum of RM961.1mil, which was slightly lower than RM1.06bil registered in the previous week.
This is despite caution from US policymakers that interest rates may remain higher for longer given the uneven evidence that inflation rates are on a downward track. Meanwhile, the net inflow of foreign funds into Malaysian equities continued for a third consecutive week, despite a moderation to below the RM1bil mark."Foreign investors reverted to net buyers again on Friday, likely influenced by BNM’s decision to maintain the OPR at 3%," said MIDF Research.
Local institutions, meanwhile, continued to be net sellers of Malaysia equities for a second week, amounting to RM724.9mil.
MIDF Bursa Malaysia Fund Flow Equities
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