Foreign investors have been huge sellers on Bursa Malaysia, withdrawing nearly RM21.3 billion ($7 billion) so far this year. This is the highest annual net outflow since at least 2010. Foreign ownership, which had fallen to just 21.4% as at June 2020 — the lowest level in a decade — would probably have dropped further. In fact, foreign portfolio funds have been taking money out of the stock market every year since 2014, except in 2017.

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