KUALA LUMPUR (March 27): Foreign investors purchased RM1.08 billion worth of equities on Bursa Malaysia last week, the second week running the amount had exceeded RM1 billion. In its weekly fund flow report today, MIDF Research noted that foreign investors have now been net buyers on Bursa for seven consecutive weeks. As of Friday, foreign net buying had extended for 11 trading days. MIDF Research said the foreign average daily trade value (ADTV) stood at to RM1.26 billion, the second highest this year. "The strong foreign buying momentum continues to enable local investors to lighten their position.

Source: The Edge Markets March 27, 2017 05:26 UTC