Foreign investors net sellers on Bursa at RM183.7m in week ended Dec 4

MIDF Research pointed out retailers’ buying appetite shifted from mild profit taking behaviour as seen a fortnight ago.

KUALA LUMPUR: Foreign investors remained net sellers on Bursa Malaysia in the week ended Dec 4 at RM615.5mil and year-to-date, the total amount was RM24.4bil, according to MIDF Research said.

The research house said on Monday, the net selling by foreign funds had been offsent by local retail investors, who were net buyers at RM442.6mil. Since January, their net buying amounted to RM12.4bil.