KUALA LUMPUR, Jan 10 — Foreign investors turned net sellers in the first week of 2022 with an outflow of -RM62.15 million net of local equities compared with RM17.77 million net of local equities acquired in the preceding week, said MIDF Research.
It said foreign investors bought RM37.35 million net of local equities today, with retailers and local institutions as net sellers amounted to -RM19.28 million and -RM18.08 million, respectively.
“Foreigners were net sellers on Thursday and Friday, where combined outflow recorded was -RM141.01 million. This had reversed the total inflow observed from Monday till Wednesday.
“The largest foreign inflow was recorded on Monday at RM37.35 million and the smallest inflow was on Wednesday at only RM19.16 million,” MIDF said in its Equity Research today.
Throughout the first week of 2022, retailers were active sellers except on Thursday which saw an inflow of RM37.61 million.
“The largest net outflow was on Friday and smallest on Tuesday to the tune of -RM24.00 million and -RM15.06 million respectively,” said the research house.
According to MIDF, local institutions finished strong as net buyers at RM103.84 million last week while retailers and foreign investors were net sellers at -RM41.69 million and -RM62.15 million.
“The market saw local institutions as net buyers last week, except on Monday and Tuesday.
“The largest net buying was recorded on Thursday at RM83.17 million and largest net selling was on Monday at -RM18.08 million,” it added.
In terms of participation, MIDF noted that retail investors, local institutions and foreign investors recorded a weekly movement of 21.18 per cent, 3.00 per cent and 19.16 per cent, respectively, in average daily trade value (ADTV). — Bernama
Source: Malay Mail
A word from our sponsor:
Need Help With Your Personal Finance / Money Issue or need a coach to help you structure or just want to learn the financial skill to self manage your financial matters and retirement. iLearnFromCloud.com
Need to solve a problem quickly, now you can solve it by learning the art of problem solving Art Of Problem Solving
Feeling hungry. Latest food news from Best Restaurant To Eat Malaysian Food and Travel Blog
Memory loss. Need to organize better. Solve problem fast with Free Mind Mapping Software Mind Mapping 101
Need A Customized System Development for your business or Going Paperless XPERT TECHNOLOGIES - Empowering The Paperless Economy
No comments:
Post a Comment