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Foreign investors buy nearly RM400mil net of Malaysian shares

KUALA LUMPUR: Foreign investors turned net buyers in the local equity market for the week ended January 14 this year with an inflow of RM397.85 million, MIDF Research said.

The firm said overall, for the second week of 2022, local institutions and foreign investors finished strong as net buyers at RM132.79 million and RM397.85 million respectively. 

MIDF Research said foreigners were net sellers on everyday of the week. 

The largest foreign inflow was recorded on Tuesday at RM171.58 million and the smallest inflow was on Friday at only RM0.53 million.

"For last week, local institutions were active sellers. The largest net outflow was on Tuesday and smallest on Monday, to the tune of RM167.65 million and RM42.23 million respectively.

"It was opposite for retailers. The market saw retailers as net buyers except on Tuesday (a net selling of RM3.92 million)," MIDF Research said.

The largest net buying was recorded on Friday at RM113.64 million while the smallest net buying was on Wednesday at RM3.60 million.

In terms of participation the retail investors, local institutions and the foreign investors recorded a weekly movement of 18.39 per cent, 41.52 per cent and 39.54 per cent respectively in average daily trade value.

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