KUALA LUMPUR, May 6 — Foreign buying of Malaysian equities surged 3.6 times to RM1.06 billion last week from RM292.2 million the prior week, as purchases were recorded daily...
If salary increase for civil servants is feasible, why would one suggest the budget for it might not be passed? — Hafiz Hassan
According to the latest weekly Fund Flow Report by MIDF Research, this marked the strongest weekly net buying figure in two years, with the last instance of such substantial inflows observed in the week ended March 18, 2022, at RM1.18 billion. “The sectors that saw the highest net foreign inflows were utilities , financial services , and telecommunications and media , while the sectors experiencing the highest net foreign outflows were energy , plantation , and property ,” it said.MIDF Research said local institutions took a breather from their strong support for the local market when they net sold RM943.1 million last week, after nine straight weeks of net buying.
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