Record RM1.4b foreign net purchase boosts Malaysian market amid strong export figures, MIDF Amanah reports

MIDF Amanah Investment Bank Bhd Noticias

Record RM1.4b foreign net purchase boosts Malaysian market amid strong export figures, MIDF Amanah reports
Foreign Investors,Foreign Inflow,Equities

KUALA LUMPUR, Aug 26 — Foreign investors remained active buyers last week with a net purchase of RM1.4 billion of domestic equities, nearly five times the RM299.6 million net...

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In its fund flow report for the week ended Aug 23, 2024, MIDF said foreign investors were net buyers on every trading day except Friday, with the largest net foreign inflow — totalling RM574.9 million — occurring on Monday, when Malaysia announced that exports surged at the fastest pace in nearly two years.MIDF said there was a sell-off of RM1.6 million on Friday last week after four consecutive days of net buying.

“Meanwhile, the sectors with the highest net foreign outflows were technology , “consumer products and services , and property ,” it said in the report.

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Record RM1.4b foreign net purchase boosts Malaysian market amid strong export figuresRecord RM1.4b foreign net purchase boosts Malaysian market amid strong export figuresKUALA LUMPUR, Aug 26 — Foreign investors remained active buyers last week with a net purchase of RM1.4 billion of domestic equities, nearly five times the RM299.6 million net...
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