Foreign net buying slow but steady on Bursa

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The intensity of foreign net buying on Bursa Malaysia softened during the holiday-shortened week to RM125.97mil last week.

The research house noted that this was the sixth consecutive week of net buying by the foreign investors.

“Local institutions and foreign investors were net sellers to the tune of RM6.38bil and RM3.66bil, respectively,” MIDF said in its weekly fund flow report. “The largest foreign inflow was recorded on Wednesday with the smallest inflow on Monday to the tune of RM76.96mil and RM58.39mil respectively.The largest net buying by the retailers was recorded on Friday and the smallest net buying was on Wednesday to RM81.57mil and RM6.97mil respectively.On the other hand, local institutions recorded cumulative weekly net selling of RM337.92mil.

 

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