Foreign funds flood Bursa with RM1.68b in weekly net inflows as local investors continue to sell

AI Summary

Foreign investors poured RM1.68 billion into Bursa Malaysia for the fourth consecutive week, a significant jump from the previous week's RM422.6 million. They were net buyers every day, focusing on financial services, utilities, and telecommunications. Conversely, local institutions and retail investors continued their selling streak, offloading RM1.35 billion and RM330.2 million, respectively. Average daily trading volume increased across the board.