Foreign funds turn net buyer after 3 weeks of selling

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Foreign funds turn net buyer after 3 weeks of selling
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The top three sectors with net foreign inflows last week were utilities, construction and plantation, says MIDF Research.

Foreign investors had been net sellers of domestic equities at a rate of RM2.47 billion year-to-date.

The research house said external funds made a net purchase of RM23.1 million in the past week, marking a significant turnaround from the RM27.7 million in net sales the previous week. Foreign investors had been net sellers of domestic equities at a rate of RM2.47 billion year-to-date . “The sectors with net foreign outflows were healthcare , REITs , and consumer products and services ,” it said.

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