Foreign net buying returns to Bursa at RM223.8mil

KUALA LUMPUR: Foreign funds turned net buyer last week, amounting to RM223.8mil, the first net inflow after six weeks of consecutive net selling, according to MIDF Research.

“As the market reopened on Monday last week, foreign investors sold RM32.0m net of local equities, with retailers and local institutions as net buyers to the tune of RM16.67mil and RM15.30mil respectively,” MIDF said in its weekly fund flow report.