According to Bursa, foreigners bought Rm11 billion and sold RM8.4 billion of stocks in December, 2010. This means an inflow of RM2.6 billion of foreign money.
The total trade for the month was RM35.7 billion. Thus it can be seen that foreigners were more active and traded more than the locals.
Some analysts say that foreign funds inflow has slowed down since some 3 months ago. If this trend were to continue, then probably, foreign funds may come to a trickle by the end of the 2nd quarter when the QE2 easing comes to an end.
To read more, click here.
马 到 功 成. Success is when the horses come. Success goes only to those who dare and act, it seldom goes to the timid. The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
