KUALA LUMPUR: Foreign investors turned net buyers of Bursa Malaysia equities last week, snapping a four-week selling streak, with net inflows of RM42.5mil.
MBSB Investment Bank Bhd said in its fund flow report for the week ended Jan 9 that foreign investors were net buyers on two of the five trading days, posting the largest inflow last Friday at RM191mil.
This was followed by last Wednesday, which saw inflows of RM80.4mil.
The heaviest outflows were recorded last Tuesday at RM153.4mil, followed by last Thursday at RM55.7mil and last Monday at RM19.8mil.
The top three sectors with net foreign inflows were industrial products and services at RM206.7mil, property at RM69mil, and technology at RM63mil, the bank said.
Meanwhile, the sectors with the largest net foreign outflows were utilities at RM207.5mil, plantation at RM123.5mil, and real estate investment trusts at RM30.2mil.
