UALA LUMPUR: Foreign funds were behind the rout on Bursa Malaysia on Monday, with net selling of RM852.5mil, especially glove makers, when the regulated short selling (RSS) which came into effect.
According to BIMB Securities Research data on Tuesday, local institutions and local retail investors were net buyers but were unable to prevent the slide on Bursa.
Local institutions were net buyers at RM359.2mil and local retail investors at RM493.3mil.
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