Malaysia records funds outflow of RM409.14m amid coronavirus outbreak | Malay Mail

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KUALA LUMPUR, Feb 2 — Foreign investors were net sellers in the local equity market last week, recording a total net outflow of RM409.14 million from Jan 28-30 against a net inflow of RM23.48 million from Jan 20-23. Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said this...

Sunday, 02 Feb 2020 11:31 AM MYT

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said this came after news about the 2019 novel coronavirus outbreak continued to hog the limelight. Meanwhile, the net fund flows for the local retail recorded a net buying of RM293.41 million, with an average participation of 35.64 per cent during the Jan 28-30 period compared with a net buying of RM25.03 million, with an average participation of 27.97 per cent during the previous period.

 

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Yeah blame it on corona what else.

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