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Foreign selling rose to RM71.4m last week, says MIDF Research

Foreign selling rose to RM71.4m last week, says MIDF Research

KUALA LUMPUR (Oct 23): Foreign selling of Malaysian equity on Bursa Malaysia widened to RM71.4 million last week from RM54.2 million the prior week, according MIDF Amanah Investment Bank Bhd Research.

In its weekly fund flow report today, the MIDF Research Strategy team said during the four-day trading week, foreign selling occurred on each day.

"Tuesday recorded the highest attrition for the week which amounted to RM29.1 million net as investors shifted to the sidelines to seek cover before the Deepavali holiday on Wednesday.

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