Foreign investors remain net buyers

MIDF Research said Malaysia, Thailand and Indonesia recorded inflows of foreign investors last week among the South-East Asian markets except for the Philippines.

KUALA LUMPUR: Foreign investors remained net buyers for the week ended Sept 24, which saw net inflow amounting to RM15.85 million, marking the seventh consecutive week of net buying by foreign investors.

MIDF Research said Malaysia, Thailand and Indonesia recorded inflows of foreign investors last week among the South-East Asian markets except for the Philippines.

It said foreign investors and local institutions were net sellers amounting to RM120.77mil and RM17.88mil, respectively, as the market reopened last Monday, while retailers were net buyers to the tune of RM138.65mil worth of equities in Bursa Malaysia.

“Foreign investors were net buyers for majority of the week except on Monday and Friday with the largest foreign inflow recorded on Thursday and the smallest inflow on Wednesday to the tune of RM117.45mil and RM25.32mil, respectively.