KUALA LUMPUR, June 6 (Bernama) -- Fears of a credit default in the United States were alleviated following an agreement between the House of Representatives and the Senate to lift the debt ceiling for two years. Major benchmarks continued to advance, especially on Thursday and Friday after a strong jobs report from the US. Local institutional investors turned net buyers on Bursa Malaysia last week amounting to RM372.9 million, said MIDF Research. 'Year to date, they have been net buyers of domestic equities for 16 out of 22 weeks, with a total net inflow of RM2.

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