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

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MIDF Amanah Investment Bank Bhd Berita

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 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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