MIDF Research: Foreigners sold RM34.9m equities last week


KUALA LUMPUR: Foreign investors sold RM34.90mil of Malaysian equities in the week ended Nov 9 during the challenging US presidential election week, reversing a record 20 weeks of net buying, MIDF Equities Research said.

It said on Monday on a net basis, foreign portfolio investors sold RM34.9mil, snapping the 20-week of net buying where they had purchased RM7.5bil of Malaysian equities from the open market.

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