Foreign funds flood Bursa with RM1.68b in weekly net inflows as local investors continue to sell

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Foreign funds flood Bursa with RM1.68b in weekly net inflows as local investors continue to sell - Malay Mail

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KUALA LUMPUR, May 19 — Foreign investors continued their streak of net inflows on Bursa Malaysia, extending to a four-we...

It said the local retail investors extended their trend of net selling to the fifth week, with outflows increasing 13 times to RM330.2 million compared to RM24.8 million the week before.“The average daily trading volume (ADTV) saw a broad-based increase last week.“Local institutions and local retailers saw an increase of 50.9 per cent and 31.8 per cent, respectively, while foreign investors saw an increase of 42.6 per cent,” it said.

It said the highest net inflow was recorded on Monday at RM797.4 million, followed by Tuesday at RM488.4 million.