KUALA LUMPUR, May 31 — Foreign investors continued to remain as net sellers this week, as total net outflow rose to RM589.62 million from RM394.34 million recorded last week. The local equities market resumed trading on May 27, after being closed on Monday and Tuesday for...
Markets are expected to remain guarded going into next week. — Picture by Firdaus Latif
An analyst said markets are expected to remain guarded going into next week, albeit with a little bit of enthusiasm following the gradual reopening of economies. Additionally, Mohd Afzanizam said the economic indicators have also showed signs of stabilisation after a steep fall during April. “However, concerns on the bilateral relations between the US and China due to the latter’s plan to impose new security law in Hong Kong could lead to volatile market sentiments.
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Net foreign equity sales rises to RM589.62mAn analyst believes markets will remain guarded going into next week.
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Foreign funds net sellers at nearly RM590mKUALA LUMPUR: Foreign investors continued to remain as net sellers this week, as total net outflow rose to RM589.62 million from RM394.34 million recorded last week.
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Net foreign equity sales rises to RM589.62mAn analyst believes markets will remain guarded going into next week.
Read more »
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