KUALA LUMPUR: Foreign funds continued to reduce their exposure on stocks listed on Bursa for the 18th consecutive week, according to MIDF Research.
“Based on data from Bursa, international investors sold RM600.7mil net of local equities last week, a slight increase in the week before,” the research house said in its weekly fund flow report.
So far in 2020, foreign investors have sold RM15.7mil net on Bursa.
“In comparison with the other six Asian markets we track, Malaysia still has the fourth smallest foreign net outflow on a year-to-date basis,” MIDF said.
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