Foreign selling of local equities softened last week, says research house | Malay Mail

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KUALA LUMPUR, June 1 — The intensity of foreign net selling activity on Bursa softened during the holiday-shortened week with international investors sold RM663.8 million net of local equities last week compared to RM714.7 million in the preceding week, said MIDF Amanah Investment Bank Bhd. Its...

Monday, 01 Jun 2020 10:58 AM MYT

Its analyst, Adam Mohamed Rahim in a research note today said this was in line with other Asian markets which saw foreign net selling activity dwindled to a level not seen in more than two years while in emerging South-East Asian markets, majority of markets continue to experience foreign net attrition.

“This is still the third smallest foreign net outflow among the seven Asian markets we monitor,” he noted. Offshore investors he said, continued their selling activities Thursday but at a slower pace of RM227.1 million net.

 

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