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apple developer account:Foreign selling on Bursa at RM23.48bil since January

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Since January, retail investors have been net buyers of around RM11.98bil while local institutions bought to the tune of about RM11.13b. KUALA LUMPUR: Foreign funds were net sellers on Bursa Malaysia in the week ended Nov 27, raising their total net selling since January to RM23.48bil, according to MIDF Equities Research. In its research report on Monday, it said local institutions were also net sellers at RM77.07mil last week but again the selling by foreign funds and local institutions were well absorbed by retail investors who were net buyers RM163.8mil. MIDF Research said retailers buying appetite has shifted from mild profit taking behaviour last week as they were concerned about whether the Budget 2021 proposals could pass in Parliament. Since January, retail investors have been net buyers of around RM11.98bil while local institutions bought to the tune of about RM11.13b. As for stocks, MIDF Research pointed out Top Glove registered the highest net money inflow of RM10.96mil last week. Its share price was -4.12% lower for the week, underperforming the local bourse which rose by 0.63%. As for Petronas Dagangan, it saw the second highest net money inflow of RM4.10mil. Its share price was +12.13% higher during the week, outperforming the KLCI.,

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