KUALA LUMPUR (Nov 7): Foreign investors turned more aggressive in their trading of Malaysian stocks last week, and dumped RM948.1 million, according to MIDF Research. In his weekly fund flow report today, MIDF Research head Zulkifli Hamzah said the selling last week was the fifth highest weekly outflow this year. He said this was estimated based on transactions in the open market which excluded off market deals. “Net foreign selling dominated the entire trading week. The attrition turned ugly in the last two days of the week as the amount offloaded exceeded RM250 million per diem.
Source: The Edge Markets November 07, 2016 02:27 UTC