Foreign investors’ RM217.6m net buying keeps up the pressure ahead of Fed easing

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KUALA LUMPUR, Sept 17 — Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipa...

MIDF also reported that the average daily trading volume increased by 12.5 per cent among local institutions and by 10.6 per cent among foreign investors, while local retailers experienced a 5.4 per cent decline.

Conversely, the sectors with the highest net foreign outflows were consumer products and services (RM71.2 million), financial services (RM47.3 million), and healthcare (RM35.4 million), MIDF reported.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Foreign investors Bursa malaysia Buying Us federal reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 12:11:07 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 276 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 22562121

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