KUALA LUMPUR: Foreign selling of local equities on Bursa Malaysia from Monday to Thursday remained modest at RM86.0 million net compared with RM27.8 million for the whole of the preceding week.
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said this brings the year-to-date foreign net outflow from Malaysia to RM22.42 billion.
In terms of participation, he viewed the average daily traded value (ADTV) on a four-day basis (Monday-Thursday) of foreign investors on Bursa Malaysia remained commendable at RM1.4 billion.
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