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Foreign investors continue buying spree on Bursa Malaysia; financial services, utilities and property top three sectors, says MIDF

Malay Mail LogoMalay Mail12h ago

Foreign investors continue buying spree on Bursa Malaysia; financial services, utilities and property top three sectors, says MIDF - Malay Mail

Quick Summary:

KUALA LUMPUR, July 22 — Foreign investors continued their buying spree on Bursa Malaysia, purchasing RM740.8 million net...

MIDF added that local retailers also maintained their net selling stance for the third straight week, with net sales of RM194.2 million last week.“Last week, the average daily trading volume (ADTV) declined among foreign investors and local institutions by 9.0 per cent and 3.0 per cent, respectively.“Meanwhile, local retailers recorded an increase of 2.1 per cent,” MIDF said.

MIDF reported that the top three sectors where foreign investors net bought were financial services (RM593.1 million), utilities (RM137.5 million) and property (RM128.7 million).


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 10:07:09 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 21723915

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About Malay Mail

Malay Mail Logo

Main Topics: EconomyBusiness

Official Website: malaymail.com

Update Frequency: 11 posts per day

Year Established: 1896

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #106

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The story "Foreign investors continue buying spree on Bursa Malaysia; financial services, utilities and property top three sectors, says MIDF" was covered 12 hours ago by Malay Mail, a news publisher based in Malaysia.

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