Net foreign fund outflow eases to RM394.34m

Foreign investors continued to exit Bursa Malaysia for the May 18-21 period, recording a total net outflow of RM394.34 million, as the country entered the third week of its conditional movement control order (MCO) enforcement amidst the Covid-19 pandemic.

The amount was lower compared with two consecutive weeks previously, on May 12-14 and May 4-7, which recorded RM734.18 million and RM736.28 million, respectively, of foreign net selling.