COVID–19 NEWS   Owners of premises in buildings allowed to determine protocol on wearing of face mask at their venue - Johor Exco | Italy greenlights Omicron-adapted COVID-19 booster shots | New COVID-19 cases down 16.9 pct last week | Japan to simplify COVID-19 airport quarantine procedures | EMA endorses Omicron-adapted COVID-19 vaccines | 
BUSINESS

Foreign investors in buying mode for fourth consecutive week on Bursa Malaysia

15/08/2022 11:59 AM

KUALA LUMPUR, Aug 15 (Bernama) -- Foreign funds maintained their net buying stance on Bursa Malaysia for the fourth consecutive week, which saw a net inflow of RM451.7 million for the week ended Aug 12, 2022, said MIDF Research.

This was 16.4 per cent higher than the RM388.21 million of net buying seen the previous week, it said in its weekly Fund Flow Report today.

The week started with foreign funds net buying on Monday and Tuesday, amounting to RM530,000  and RM15.8 million respectively.

Despite the concerns of US inflation on Wednesday, foreign funds net sold only minus RM3.8 million. This was the only day of net selling by foreigners.

MID Research said the bulk of the net buying happened on Thursday and Friday at RM232.9 million and RM206.2 million respectively after the release of lower than expected US inflation data and stronger than expected Malaysia gross domestic product (GDP) data.

Local institutions continued to be net sellers for the fifth week, at a rate of minus RM573 million, more than double the amount from the previous week, which was negative RM266.9 million.

Meanwhile, local institutions have been net sellers for eight consecutive trading days since Aug 3.

Local retailers reversed their net selling trend over three weeks with a net buy of RM121.3 million for the week.

They were net buyers from Monday to Wednesday and on Friday but were net sellers on Thursday.

To date, international funds have been net buyers for 21 out of the 32 weeks of 2022, with a total net inflow of RM7.11 billion.

Local institutions were net sellers for 25 out of 32 weeks, with a total net outflow of minus RM8.8 billion.

Local retailers have been net buyers for 20 out of 32 weeks of 2022.

Year-to-date, they have been net buyers at RM1.7 billion. 

In terms of participation, there was an increase in the average daily trade value (ADTV) among local institutional investors by 1.05 per cent.

Reductions in ADTV were seen among foreign investors and local retailers by negative 3.57 per cent and negative 3.36 per cent respectively.

-- BERNAMA


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy