Foreign investors turn net buyers of equities with RM292 million inflow

In its latest weekly Fund Flow Report, MIDF Research said foreign investors have been purchasing sectors such as utilities , financial services , and telecommunications and media .“Last week, the total net selling across the eight Asian markets we monitor decreased notably to US$158.7 million from US$9.68 billion the previous week and among these markets, only Taiwan, Thailand, and Malaysia saw inflows.

“Sectors which saw the strongest net selling were consumer products and services , plantation and energy ,” it stated in its report. SPONSORED CONTENT Electrifying windows of opportunity in Sabah - The right policies, collaborations, and strategies can turn emerging opportunities into victories for all parties in Sabah.

As for local retailers, they have sustained their net selling streak for seven consecutive weeks, totalling RM435.5 million.In terms of participation, the average daily trading volume declined for retail and foreign investors by 10.9% and 15.5%, respectively.Stay up-to-date by following Daily Express’s Telegram channel.* Follow us on Instagram and join our Telegram and/or WhatsApp channel for the latest news you don't want to miss.

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