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NewsForeign funds bought KL shares for 3rd month
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Foreign funds bought KL shares for 3rd month
by hlk Wed 04 Jan 2012, 14:00
Overseas investors bought Malaysian stocks for a third straight month in
December, the longest monthly streak since July, as the benchmark index
posted its largest quarterly gain in more than a year.
Foreign
funds purchased a net RM800 million (US$255 million) of Malaysian shares
last month, according to data on the Kuala Lumpur stock exchange's
website.
They bought RM700 million of stocks in November and RM1.5 billion in October. -- Bloomberg
December, the longest monthly streak since July, as the benchmark index
posted its largest quarterly gain in more than a year.
Foreign
funds purchased a net RM800 million (US$255 million) of Malaysian shares
last month, according to data on the Kuala Lumpur stock exchange's
website.
They bought RM700 million of stocks in November and RM1.5 billion in October. -- Bloomberg
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