Foreign investors flee as KLCI slides 2.44pct

Foreign investors have been selling Malaysian equities, contributing to a 2.44% drop in the FBM KLCI, while local institutions and retail investors have been increasing their buying. The worsening global bond sell-off, driven by rising US Treasury yields and geopolitical tensions, has led to heavier foreign selling, particularly in financial services and healthcare. Local institutional investors and retail investors, however, have been net buyers, with the latter showing a significant rise in net buying.

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