Foreigners are continuing to pump RM249.8 million in open market.

Malaysia: Foreigners are continuing to pump liquidity at a sustained rate into stocks listed on Bursa Malaysia, MIDF Research Weekly Fund Flow has revealed.

The research firm noted that foreign investors purchased RM249.8 million net in the open market, excluding off-market deals, maintaining the amount of foreign buying just above the RM200 million mark for the third week running.

"There was relatively heavy foreign buying on Monday, amid optimism from Wall Street’s record high rally on Friday the week before.

 "This more than offset the marginal selling on Wednesday and Friday,".

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