MalaysiaStocks

Foreign net outflows to recover in 2H24

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[ PETALING JAYA: Malaysia’s year-to-date net foreign outflow, which has grown to RM1.21bil, is not something to be worried about, say analysts. The net selling trend by foreign investors on Bursa Malaysia has now stretched into its sixth consecutive week at RM336mil for the week ended April 5. However, Rakuten Trade head of equity sales … Read more

New players heat up competition in online stock broking

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[ Competition in the online stock broking business in Malaysia has gone up a notch as foreign broker Nasdaq-listed Futu Holdings Ltd has been gaining traction following the launch of its investment plattorm called Moomoo in May last year. The Hong-Kong based broker obtained the approval-in-principle for the Capital Markets Services Licence (CMSL) from the … Read more