KUALA LUMPUR: Foreign investors were back in buying mode on Bursa Malaysia last week, acquiring RM293.36mil net of local equities from an outflow of RM341.94mil a week prior. Retailers and foreign investors were net sellers to the tune of RM19.09mil and RM83.94mil respectively. MIDF said that cumulatively, for the week, retailers net sold RM68.01mil worth of equities on Bursa Malaysia. “Local institutions and foreign investors were net sellers to the tune of RM6.71bil and RM3.69bil, respectively,” MIDF said. In terms of participation, retail investors, local institutions and the foreign investors recorded weekly movements of -15.32%, +15.07% and +32.12% respectively in average daily trade value.

Source: The Star October 11, 2021 02:37 UTC