Foreign investors turn net sellers
KUALA LUMPUR: Foreign investors consolidated their position last week, turning net sellers after two weeks of buying on Bursa Malaysia, according to MIDF Research.
The research house said international funds turned net sellers in the third week of 2017 after two weeks of buying, but the amount sold was relatively marginal.
“The net amount sold by foreigners on Bursa was only RM143mil, compared with RM485mil inflow the fortnight prior. For the year until Friday, foreign flow remained in the surplus, at RM341.6mil,” MIDF said in its weekly report.
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