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buy apple developer account (buyappleacc.com):Foreign buying on Bursa continues with RM433.16mil net purchase

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,. KUALA LUMPUR: Foreign buying of Bursa Malaysia equities continued last week, although the net amount was pared to RM433.16mil as compared to RM786.42mil in the previous week.This was a fifth consecutive week that foreign investors were net buyers of local equities, said MIDF Research.In terms of equities performance, the benchmark FBM KLCI was down 0.8% over the week on Friday at 1,575.97 points.MIDF said in its weekly fund flow report that the smallest inflow of foreign funds to the market was on Monday with RM72.18mil net of local equities, while the largest inflow was recorded on Wednesday with RM207.19mil net.Foreign funds were net buyers on everyday of the week except for Thursday, which saw RM62.95mil net sales.Local retailers were net buyers over every day of the week with a total of RM278.59mil of equities bought on Bursa.Local institutions went the opposite direction, with net selling on each day of the week for a total of RM711.96mil net sales in equities."In terms of participation the retail investors,local institutions and the foreign investors recorded a weekly movement of 2.49%, -1.15% and -29.79% respectively in average daily trade value," said MIDF.Despite the recent increase in foreign interest in Bursa Malaysia stocks, year-to-date foreign investors remain net sellers of local equities.Foreign funds have sold RM3.79bil net of local equities over the year so far although MIDF noted that this figure has been reduced from RM6.01bil net sales at its peak earlier this year.Retailers have been the only net buyers of the equity market to the tune of RM9.83bil while local institutions have net sold RM6.04bil of local equities thus far in 2021.Bursa Malaysia counters that saw the highest net money inflows were Maybank, Public Bank and Inari Amertron while the highest fund outlows were seen in Press Metal, Top Glove and Petronas Chemicals.
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