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Foreign investors sell off RM1.19 billion in local stocks

9 Mar 2020, 5:24 AM
Foreign investors sell off RM1.19 billion in local stocks

KUALA LUMPUR, March 9 — Foreign funds reduced their net exposure in Malaysian equities by RM1.19 billion last week, MIDF Research said, citing stock exchange data.

It was the third straight week international funds cut exposure in the market, the research house said in a report today.

MIDF Research also said that Malaysia’s year-to-date foreign net outflow stood at RM3.3 billion.

— Reuters

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