KUALA LUMPUR, June 4 ― Local institutions ended their net selling streak of four weeks on Bursa Malaysia by purchasing a total of RM1.03 billion last week, said MIDF Research....
Jail for HR exec in Singapore who saw firm’s bank account as ‘personal piggy bank’, made bogus pay claims of S$136,000According to MIDF Research, local institutions ended their net selling streak of four weeks on Bursa Malaysia by purchasing a total of RM1.03 billion last week. ― Bernama picKUALA LUMPUR, June 4 ― Local institutions ended their net selling streak of four weeks on Bursa Malaysia by purchasing a total of RM1.03 billion last week, said MIDF Research.
The research firm said local institutions bought every trading day, with the highest amount on Friday at RM341.9 million. Similarly, local retailers concluded their 11-week streak of net selling by purchasing RM205.9 million worth of domestic equities last week.Meanwhile, foreign investors resumed net selling at -RM1.24 billion after buying the previous five weeks.
“Prior to that, investors had been net sellers for eight consecutive weeks,” it said in a note today. MIDF Research added that the foreign investors net sold -RM174.6 million on Monday, -RM177.5 million on Tuesday, -RM313.4 million on Wednesday, -RM86.5 million on Thursday, and -RM488.7 million on Friday.The sectors with the highest net foreign inflows were technology , transportation and logistics , and property .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MIDF Research: Foreign investors remain net buyers of equities for fifth consecutive weekKUALA LUMPUR, May 27 ― Foreign investors continued their net buying spree on Bursa Malaysia for the fifth consecutive week with a net purchase worth RM474.1 million last week,...
Read more »
MIDF Research maintains Malaysia’s 2024 export projection to growKUALA LUMPUR, May 20 — MIDF Research has maintained its projection that Malaysia’s goods exports and imports will recover this year, growing at 5.2 per cent (2023: -8.0 per...
Read more »
MIDF Research maintains Malaysia’s 2024 GDP forecast at 4.7pcKUALA LUMPUR, May 17 — MIDF Research has maintained its 2024 gross domestic product (GDP) growth forecast at 4.7 per cent, as positive growth momentum is expected to continue...
Read more »
MIDF Research maintains Malaysia’s IPI to grow 3.7pc in 2024KUALA LUMPUR, May 10 — MIDF Research has maintained that Malaysia’s industrial production index (IPI) for 2024 will grow 3.7 per cent compared to 1.1 per cent a year ago. The...
Read more »
MIDF maintains 'buy' on Bursa as market cap of local bourse hits RM2tKUALA LUMPUR, May 8 ― MIDF Research Investment Bank Bhd (MIDF) sees “good prospects for trading activities in Bursa Malaysia this year from a corporate earnings and...
Read more »
Foreign buying of local equities surges 3.6 times to RM1.06b last weekKUALA 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...
Read more »