Malaysia equity outflow lowest in Asean on back of global uncertainty | Malay Mail

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Malaysia equity outflow lowest in Asean on back of global uncertainty

23 September 2019

KUALA LUMPUR, Sept 23 — Equity outflow from local bourse remained the lowest amongst Asean’s peers due to continued uncertainty in the global economy. “However, for the month of September, international investors have thus far sold RM335.8 million net, the lowest amongst its Asean peers. On a year-to-date basis, international funds have taken out RM7.68 billion worth of local equities from Bursa,” it said in its weekly fund flow report.

“The entrance of foreign funds into stocks listed on Bursa bucked the trend as other markets experienced foreign net outflows following the drone attack on Saudi Arabia’s oil facilities,” it said.

 

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