KUALA LUMPUR (January 18): International investors last week bought Malaysian stocks for a net amount of RM 326.1 million (US $ 80.68 million), MIDF Research said in a report today, citing stock market data with.
Contrary to expectations, the buying interest continued throughout the week, even after a nationwide state of emergency was declared last Tuesday, the research house announced.
Malaysia’s king declared the emergency to prevent the spread of Covid -19, a move rejected by the opposition in an attempt by Prime Minister Tan Sri Muhyiddin Yassin to maintain control amid a power struggle.
Foreign investors were net sellers of Malaysian stocks the week before, recording a $ 337 million outflow. RM.
Ref: https://www.theedgemarkets.com
