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PUBLIC Bank Bhd and RHB Bank Bhd were the top two counters net sold by foreign investors for the week ended Aug 1.
For the week ended Aug 1, foreign investors net bought most Westports Holdings Bhd and Gamuda Bhd.
Foreign investors extended their net selling streak to four consecutive weeks, registering a net outflow of RM378.1 million. more than four times higher than previous week outflow of RM89.9 million, according to a fund flow report by MBSB Research.
Local institutions ended their two-week net selling streak turning to net buyers last week, registering purchases of RM263.7 million, with the top counters being Westports Holdings Bhd, Gamuda Bhd and Axiata Group Bhd, according to the report.
In the same period, local retailers continued their net buying activities, extending to a four-week consecutive streak of purchases, with Malayan Banking Bhd, Zetrix AI Bhd, RHB Bank and Public Bank topping their list. –TMR
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