Sunday, 09 Aug 2020 10:25 AM MYT
On a Thursday-to-Thursday comparison, the net outflow surged to RM852.13 million compared with last week’s outflow of RM226.1 million.Retail investors disposed of RM561.1 million worth of shares during the week, while institutional holders turned net sellers at RM291.1 million. According to analysts, the high volume was driven by the lower liners, especially in healthcare and technology counters.
“We have seen an exponential hike in several key stocks, especially rubber glove counters, as well as active trading of pharmaceutical stocks,” she said.
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