KUALA LUMPUR, March 7 — Foreign investors and local retailers were net buyers for week ended March 4, which saw total net inflows of RM1.31 billion while net inflows from foreign investors amounted to RM1.08 billion, MIDF Research said. In its equity strategy report today, the investment bank...
KUALA LUMPUR, March 7 — Foreign investors and local retailers were net buyers for week ended March 4, which saw total net inflows of RM1.31 billion while net inflows from foreign investors amounted to RM1.08 billion, MIDF Research said.
“We noted that last week, the net buying by foreign investors was the highest for the year, surpassing the previous high of RM955.9 million for the week ended Feb 18,” it added. It noted that local institutions have been net sellers since Feb 4 with the largest net outflow last week was on Monday and the smallest on Wednesday at -RM525.9 million and -RM154 million, respectively.
MIDF Research said overall, for the ninth week of 2022, foreign investors finished strong as net buyers to the tune of RM1.08 billion, followed by retailers as the second strongest at RM230.4 million while the local institutions were the only strong net sellers at -RM1.31 billion.
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