Monday, 16 Nov 2020 10:24 AM MYT
In a note today, the research house said the expectation of a positive foreign inflow on the back of an expansionary budget did not materialise as the selling momentum on Tuesday outweighed the net inflow on Thursday and Friday. So far in 2020, foreign investors net selling has reached RM23.13 billion worth of equities on Bursa Malaysia.
“Retailers as net buyers on Bursa Malaysia continued its streak to the fifth week since early November with a rebound from two weeks ago on a more cautionary behaviour.
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