Malaysia among three Asian markets with net foreign inflows as investors pour US$381.3m into Bursa

Malaysia has joined three other Asian markets in experiencing net foreign inflows, as investors poured US$381.3 million into Bursa Malaysia over the past week. According to MBSB Investment Bank Bhd, foreign institutions recorded net buying streak for two consecutive weeks, with the highest inflow on Tuesday amounting to RM152.4 million.

The top three sectors with net inflows were financial services, transportation and logistics, and construction. Meanwhile, local institutions recorded net selling streak for two consecutive weeks, with net outflows of RM621.0 million. On the regional level, foreign investors extended their net selling streak across eight Asian markets for six consecutive weeks, with total net outflows amounting to US$19.54 billion.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.