Foreign funds continue net selling of Malaysian stocks for sixth week

  • 📰 staronline
  • ⏱ Reading Time:
  • 31 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 75%

Markets 뉴스

MIDF,Bursa Malaysia,Fund Flow

PARIS (Reuters) - Paris-based Butler Industries is joining a consortium to rescue distressed IT consulting firm Atos, the company's leading shareholder Onepoint said on Sunday in a statement.

KUALA LUMPUR: The net outflow of foreign funds from Bursa Malaysia continued into its sixth week with RM336.mil net sales, its longest selling streak since a 12-week sell-off in mid-2023.

Risk appetite for equities fell over the past week as US March jobs data showed more worker hires and growing wages, suggesting the world's largest economy remained in rude health and further weakening the case for interest rate cuts.

Local institutions, however, continued to pick up Malaysian equities for a sixth straight week with a net purchase of RM557.4mil.MIDF said the average daily trading volume declined across all investor classes last week. "Foreign investors saw a dip of –15.7% while retail and institutional investors saw declines of –0.5% and –1.8% respectively," it said.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 4. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Foreign minister: Malaysian envoys urged to be savvy on investment, tradeSEREMBAN, March 28 — Foreign Minister Datuk Seri Mohamad Hasan wants Malaysian ambassadors and High Commissioners to be knowledgeable on trade aspects to attract investment into...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »