KUALA LUMPUR: Foreign investors turned net buyers on Bursa Malaysia last week, ending a nine-week selling streak since July with a net equities inflow of RM223.9 mil, according to MBSB Investment Bank Bhd.
In its weekly fund flow report, the investment bank said foreign investors were net buyers on three of the five trading days, with last Friday recording the largest net inflow at RM230.7mil.
This was followed by last Thursday at RM107.1mil and Tuesday with RM28mil, while the largest outflow occurred on Monday (RM80.4mil), followed by Wednesday (RM61.6 mil).
“The top three sectors that recorded net foreign inflows last week were industrial products (RM132.1mil), plantations (RM93.9mil) and construction (RM92.8mil).
“The sectors that posted the highest net foreign outflows were financial services (RM155.9mil), healthcare (RM48.3mil) and consumer (RM47.6mil),” it said. — Bernama
