Net foreign inflow to Bursa Malaysia leaps to RM388.2mil
KUALA LUMPUR: The net foreign inflow to Bursa Malaysia more than doubled from the week prior to RM388.2mil amid a surge of buying interest in Asian equities.
According to MIDF, foreign investors were net buyers of Asian equities for the third consecutive week last week.
"Based on the provisional aggregate data for the 7 Asian exchanges that we track, investors classified as 'foreign' net bought USD2.67b last week, higher than the previous week’s amount of USD1.74b," it said in its weekly fund flow report.
On Bursa Malaysia, foreign investors were net buyers on every day of the last trading week except for Tuesday.,
To-date, international funds have been net buyers for 20 out of the 31 weeks of 2022, with a total net inflow of RM6.65bil, said MIDF.
Meanwhile, local institutions were net sellers for the fourth consecutive week with RM266.9mil net sold, representing four times the amount that was net sold in the previous week.
Local retailers were also net sellers for a third consecutive week with RM121.4mil net outflow.
Year to date, local retailers have been net buyers of RM1.57bil in Malaysian equities while local institutions have a total net outflow of RM8.23bil.
In terms of participation, all investor classes recorded an increase in average daily trade volume (ADTV), with retail investors at 11.4%, institutional investors at 3.7% and foreign investors at 5.7%.
"As demand for clean energy increases with the energy transition, we project the value of the clean energy market to be an estimated RM65 billion to RM80 billion, and we intend to capture a significant share of the market, about RM40 billion by 2050,” he continued.你啥时候火呢
PETALING JAYA: Two mechanical engineering graduates made a leap of faith to start a business in a whole different field – information and communications technology (ICT).来了，继续继续～