KUALA LUMPUR: Foreign investors have sold RM1.69 billion net of Malaysian equities since the start of the year until last week.
Local institutions remained the largest sellers of Malaysian equities with RM3.63 billion net during the period, MIDF Research said.
"Since the beginning of 2021, retailers have been the only net buyers of our equity market to the tune of RM5.32 billion," the firm said in its weekly fund flow report today.
Foreign investors were net seller for the week ended April 2, which saw an outflow amounting to RM173.24 million.
As the market reopened last Monday, foreign investors bought RM89.8 million net of local equities, with retailers and local institutions both as net buyers and net sellers to the tune of RM30.30 million and RM120.10 million respectively.
Foreign investors were net buyers every day except on Wednesday. However, the inflow was still insufficient to reverse the outflow on mid-week.
MIDF Research said the largest foreign inflow was recorded on Monday and the smallest was on Thursday at RM7.03 million.
The only outflow recorded was on Wednesday, to the tune of RM337.59 million.
As for the retailers, they were net buyers during the first half of the week and net sellers on the latter.
The largest net buying by the retailers was recorded on Wednesday at RM224.59 million and largest net sold was on Friday at RM33. 01 million.
Cumulatively for the week, retailers net bought RM331.98 million worth of equities in Bursa.
Meanwhile, local institutions cumulative weekly outflow stood at RM158.76 million
The biggest net buying was on Wednesday at RM113.0 million while the smallest net buying was on Thursday at RM1. 78 million.
The biggest net selling happened on Tuesday at RM147.60 million.
In terms of participation, the retail investors, local institutions and foreign investors recorded a weekly decrease of 4.49 per cent, 0.32 per cent and 18.78 per cent respectively in average daily trade value.