MIDF Equities Research estimates that cumulative net foreign outflow from Malaysian equities rose to RM11.7bil at end July, significantly surpassing the RM6.9b outflow for the entire 2014.
In its report issued on Monday, it said foreign money outflow from Bursa-listed companies continued unabated last week.
“Foreign investors have now been net sellers on Bursa for 14 consecutive weeks, the longest stretch of back-to-back weekly selldown since the 2008 Financial Crisis,” it said.
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In its report issued on Monday, it said foreign money outflow from Bursa-listed companies continued unabated last week.
“Foreign investors have now been net sellers on Bursa for 14 consecutive weeks, the longest stretch of back-to-back weekly selldown since the 2008 Financial Crisis,” it said.
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