Highest funds outflow in 3 years at RM1.16bil last week

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The top three sectors with net foreign outflows are financial services, consumer products and services, and healthcare.

PETALING JAYA: Foreign investors continued to net sell again on Bursa Malaysia with sales totalling RM1.16 billion last week, the highest outflow in three years.

MIDF Research said in its fund flow report today foreign investors net bought RM20.6 million last Monday, but net sold for the rest of the week. The top three sectors with net foreign inflows for the week were utilities , construction and property . “Local retailers continued to net buy domestic equities for the second consecutive week at RM114.4 million,” it said.

Source: Healthcare Press (healthcarepress.net)

 

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