KUALA LUMPUR, Sept 11 — Foreign investors remained net sellers of local stocks on Bursa Malaysia last week, at RM27.7 million, marking a much slower net outflow compared to RM113.5 million the week before, said MIDF Research.
“They net sold RM107.4 million on Monday and RM58.3 million on Tuesday before net buying RM95.5 million on Wednesday, RM11.8m on Thursday and RM30.8m on Friday. The bottom three sectors with net foreign outflows for the week were Financial Products and Services , Industrial Products and Services and Consumer Products and Services .Local institutions, on the other hand, maintained their net buying pace for the fourth consecutive week with an amount of RM60.6 million last week.
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