MIDF: Local institutions dominated Bursa Malaysia with RM1.06b net buying surge last week

Bursa Malaysia Mid--Afternoon News

MIDF: Local institutions dominated Bursa Malaysia with RM1.06b net buying surge last week
Net Buying SurgeStocksMIDF Amanah Investment Bank Bhd (MIDF)
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KUALA LUMPUR, Dec 9 — Local institutions continued to be Bursa Malaysia’s primary supporters, with net buying skyrocketing nearly fivefold to RM1.06 billion last week from...

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In its fund flow report for the week ending December 6, MIDF Amanah Investment Bank Bhd noted no outflows were recorded in the entire week from this investor class last week. “Every trading day experienced a net foreign outflow, the largest outflow occurring on Monday at RM248.8 million, followed by Tuesday at RM218.6 million, Friday at RM143.9 million, Thursday at RM121.6 million and Wednesday at RM28.5 million,” it said.

Meanwhile, local retailers saw net outflows amounted to RM299.9 million last week, almost 30 times more than the previous week.

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Net Buying Surge Stocks MIDF Amanah Investment Bank Bhd (MIDF)

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