Foreign fund outflow narrows to RM536mil last week, says MIDF FMTNews FMTBusiness
Foreign funds net sold every trading day of last week, with the highest amount recorded on Tuesday at RM251.3 million.
“Foreign investors have been net sellers for 13 trading days since March 1. They have net sold RM1.78 billion year-to-date,” it noted. “They net bought RM565.7 million, the highest weekly amount in 2023 and the highest since the week ended Dec 9, 2022. Local institutions were net buyers every day, the strongest seen on Friday at RM187.7 million.
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