KUALA LUMPUR (Feb 12): International investors withdrew RM1.75
billion net of local equities last week, wiping off around 92% of the
net inflows worth RM1.92 billion accumulated in the previous three
weeks, according to MIDF Amanah Investment Bank Bhd Research.
In his weekly fund flow report today, MIDF Research’s Adam M Rahim said that in fact, this was the first weekly attrition in seven weeks and the highest since the August 2013, the year of the 13th General Election.
He said foreign funds were net sellers on all five trading days last week.
In his weekly fund flow report today, MIDF Research’s Adam M Rahim said that in fact, this was the first weekly attrition in seven weeks and the highest since the August 2013, the year of the 13th General Election.
He said foreign funds were net sellers on all five trading days last week.
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