Foreign investors pull US5.87bil from Asian markets

Quick Summary:

KUALA LUMPUR: Foreign investors continued their net selling in Asian markets for the second consecutive week, with total outflows amounting to US$5.87 billion (US$1 = RM4.41), led by heavy sell-offs in South Korea and India.

This was attributed to the announcement of a trade deal with the US amid shifting tariff policies, with Foreign Minister Jaishankar noting that negotiations were now being conducted with "a high degree of urgency”.

The only two sectors that saw net foreign inflows were consumer products and services (RM5.3 million) and telecommunication and media (RM4.4 million).

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndiaIndonesiaSouth KoreaTaiwan

Topics: US Tariffs Foreign investors /Business/Business News Fund flow Bursa Malaysia Asia MIDF Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 11:45:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 22 lines

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Copyright Owner: © The Star

News ID: 27857348

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