Local retailers turn net buyers of equities last week, says MIDF

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Local retailers turn net buyers of equities last week, says MIDF
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The top three sectors with net foreign inflows for the week were utilities, technology and property, says MIDF Research.

Foreign investors turned net sellers with RM44.7 million in sales following 2 weeks of net buying.

The research house said in a report that the year-to-date retailers have recorded net sales amounting to RM622.6 million. The top three sectors with net foreign inflows for the week were utilities , technology and property . MIDF Research said local institutions continued their net selling trend for the third consecutive week with net sales of RM98.5 million.

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