KUALA LUMPUR (Jan 17): Foreign investors turned net buyers for the trading week ended last Friday (Jan 14), with an inflow of RM397.85 million, said MIDF Research. It said as the market reopened last Monday, foreign investors and retailers bought RM36.82 million and RM5.41 million net of local equities respectively, while local institutions turned net sellers at RM42.23 million. It was the opposite for retailers, who turned net buyers except last Tuesday (RM3.92 million). Overall, for the second week of 2022, local institutions and foreign investors finished strong as net buyers at RM132.79 million and RM397.85 million respectively, while retailers were net sellers at RM530.64 million,” MIDF said. In terms of participation, retail investors, local institutions and foreign investors recorded weekly movements of 18.39%, 41.52% and 39.54% respectively in average daily trade value.
