In its weekly Fund Flow report, the MIDF Research Strategy team said net foreign purchases were recorded in four out of five trading days. “On Thursday, the 19-day buying streak was snapped as foreigners offloaded RM116.7 million net. Nevertheless, the deficit was more than offset the following day as foreign buying resumed on Friday,” it said. MIDF Research said the inflow this year has already offset the estimated net outflow of RM3.01 billion in 2016. The research house said retail market remained vibrant as the retail ADTV soared to RM1.33 billion, 31% higher than the week before, marking the fifth week it exceeded RM1 billion.

Source: The Edge Markets April 10, 2017 01:52 UTC