Foreign selling of local equities shrinks to RM567.3m last week

International investors continued to dispose of local equities from Monday to Thursday last week but the value shrank to RM567.3 million from the RM906.0 million net disposed of between Monday and Friday in the preceding week.

For the period between July 20 and 23, local institutions recorded a net sell of RM6.9 million compared with a net buy of RM583.2 million for the whole of the previous week, while they disposed of RM234 million from July 20 to 23 against a net buy of RM378.7 million previously.