{"id":5035,"date":"2020-07-13T13:20:12","date_gmt":"2020-07-13T05:20:12","guid":{"rendered":"https:\/\/newmalaysiatimes.com\/?p=5035"},"modified":"2020-07-13T13:20:16","modified_gmt":"2020-07-13T05:20:16","slug":"foreign-investors-offload-rm16-9-billion-of-equities-year-to-date","status":"publish","type":"post","link":"https:\/\/newmalaysiatimes.com\/?p=5035","title":{"rendered":"Foreign investors offload RM16.9 billion of equities year-to-date"},"content":{"rendered":"\n

KUALA LUMPUR, July 13 — Foreign investors have sold RM16.9 billion net of equities on Bursa Malaysia, year-to-date, MIDF Research said.<\/p>\n\n\n\n

However, compared with six other Asian markets, Malaysia still has the fourth smallest foreign fund net outflow during the period.  <\/p>\n\n\n\n

The research house said offshore investors disposed of RM270 million net of local equities\u00a0last week — marking the 21st consecutive week of foreign\u00a0net selling –\u00a0compared with\u00a0RM339.4 million in the preceding week.<\/p>\n\n\n\n

\"investors\"<\/figure><\/div>\n\n\n\n

\u201cIn terms of participation, retail and institutional groups recorded a weekly increase in their average daily traded value (ADTV) by 37.6 per cent and 34.2 per cent, respectively.<\/p>\n\n\n\n

\u201cThe foreign investors experienced a weekly increase in their ADTV by 29.1 per cent to reach RM1.3 billion, which was above the healthy level of RM1 billion,\u201d it said.<\/p>\n\n\n\n

Overall, the FBM KLCI rose by 2.5 per cent for the week to settle at 1,591.84, while the ringgit appreciated 0.5 per cent against the US dollar to reach RM4.26 during the week.<\/p>\n\n\n\n

Major equity markets worldwide continued to be in positive territory last week on prospects of an economic recovery following the easing of COVID-19-triggered restrictions.<\/p>\n\n\n\n

\u201cHowever, the foreign fund flow in markets that we tracked suggest that the gains were domestic-led,\u201d MIDF Research said. <\/p>\n\n\n\n

Meanwhile, oil benchmark Brent crude rose one per cent to US$43.24 last Friday, driven by prospects of a COVID-19 vaccine and treatment by Gilead and Moderna as well as falling initial jobless claims in the United States.<\/p>\n\n\n\n

— BERNAMA<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

KUALA LUMPUR, July 13 — Foreign investors have sold RM16.9 billion net of equities on…<\/p>\n","protected":false},"author":1,"featured_media":4815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-5035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"featured_image_urls":{"full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068.jpg",1086,590,false],"thumbnail":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068-150x150.jpg",150,150,true],"medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068-300x163.jpg",300,163,true],"medium_large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068-768x417.jpg",640,348,true],"large":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068-1024x556.jpg",640,348,true],"1536x1536":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068.jpg",1086,590,false],"2048x2048":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068.jpg",1086,590,false],"newsium-slider-full":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068.jpg",1086,590,false],"newsium-featured":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068.jpg",1024,556,false],"newsium-medium":["https:\/\/newmalaysiatimes.com\/wp-content\/uploads\/2020\/07\/46f26499d4a3b9e640ab31d3f43017105e4fdb0cbb068.jpg",720,391,false]},"author_info":{"info":["Editor"]},"category_info":"Economy<\/a>","tag_info":"Economy","comment_count":"0","_links":{"self":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/5035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5035"}],"version-history":[{"count":3,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/5035\/revisions"}],"predecessor-version":[{"id":5038,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/posts\/5035\/revisions\/5038"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=\/wp\/v2\/media\/4815"}],"wp:attachment":[{"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmalaysiatimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}