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CIMB down after foreigners turned net sellers of Malaysian shares

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Judul : CIMB down after foreigners turned net sellers of Malaysian shares
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CIMB down after foreigners turned net sellers of Malaysian shares

CIMB down after foreigners turned net sellers of Malaysian shares

KUALA LUMPUR (July 3): CIMB Group Holdings Bhd slid as much as 18 sen or 3% to RM6.40 today, possibly on analysts' updates that foreigners were net sellers of Malaysian shares last week.

At 11:11am today, shares of financial services entity CIMB pared losses at RM6.47, with some two million units traded. At 11:20am, the stock changed hands at RM6.52 for a market value of RM59.56 billion.

An analyst told theedgemarkets.com that “big caps may be affected by the foreign selldown over the past week”.

Last Friday, the FBM KLCI fell 7.69 points to 1,763.67 points. 

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