KUALA LUMPUR: Foreign funds sold RM589.38mil net of local equities last week against RM485mil disposed in the week prior, according to MIDF Research.
“Cumulatively, the month of August saw net outflow of foreign investors at RM1.49bil,” MIDF said in its weekly fund flow report.
Last week, foreign investors were net sellers every day of the week.
MIDF said retailers were net buyers of RM660.08mil worth of equities last week, with local institutions at RM71.52mil net during the same period.
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