Foreign funds dumped RM1.21b M'sian equity ahead of Hari Raya, says MIDF Research
KUALA LUMPUR (June 18): Foreign selling of Malaysian equity on Bursa Malaysia rose to RM1.21 billion last week from RM903.1 million the prior week, according to MIDF Amanah Investment Bank Bhd Research.
In his weekly fund flow report today, MIDF Research's Adam M Rahim said this also marked the seventh week of foreign attrition, matching the longest uninterrupted period of selling seen in 2017 from the week ended Sept 22 to Nov 3, 2017.
KUALA LUMPUR (Nov 16): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. All of the stocks showed negative momentum.
Stock with negative momentum were:
Formosa Prosonic Industries Bhd - up to 16 sen at RM1.77
K-One Technology Bhd - up to 1 sen at 34 sen
Permaju Industries Bhd - up 0.5 sen at 40.5 sen
Sanbumi Holdings Bhd - down to 0.5 sen at 35.5 sen
Unisem (M) Bhd - up 12 sen at RM3.20