KUALA LUMPUR: Foreign investors were net buyers of Malaysian equity in the week ended May 13, 2022, bucking the regional trend where markets saw a net outflow of international dollars.
According to MIDF research data, offshore funds returned as net buyers on Bursa Malaysia during the week to the sum of RM56.9mil.
Out of the seven Asian exchanges tracked by MIDF, Bursa Malaysia was the only one that saw net foreign inflow, facilitated by interest in energy and plantations stocks.
To-date, international funds have been net buyers of 15 out of the first 19 weeks of 2022 with a total net inflow of RM6.98bil.
Meanwhile, local retailers were net buyers of local stock for the fifth consecutive weeks with a RM234.8mil net purchase.
Local institutions were net sellers to the tune of RM291.8mil.
They have been net sellers for 16 out of 19 weeks this year with year-to-date net sales of RM8.1bil
In terms of participation, foreign investors saw a decrease in the average daily trade value (ADTV) by 24.76%.
Local retailers saw a decline of 6.9% while local institutions saw an increase of 9.49%.