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us apple developer accounts for sale:Foreign funds net selling on Bursa at RM24.7b in 2020

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“Retailers are net buyers to the tune of RM13.84bil, larger than local institutions at RM10.41bil, ” it said in its 2020 wrap-up. KUALA LUMPUR: Foreign funds’ net selling on Bursa Malaysia totalled RM24.75bil in 2020 but the selling pressure was well absorbed by local retail investors. MIDF Research said on Monday retailers and local institutions have been net buyers in 2020. “Retailers are net buyers to the tune of RM13.84bil, larger than local institutions at RM10.41bil, ” it said in its 2020 wrap-up. As for the week ended Dec 31, MIDF Research said foreign investors were net buyers as inflow amounted to RM8.89mil. Last week was the second net inflow from foreign investors since early November. Cumulatively, for December, foreign investors were net sellers with outflow of -RM726.97mil, lower than the outflow in November of circa -RM1.03bil. For last week, retailers were active buyers on every day of the week except on Monday. The largest net inflow was on Tuesday and smallest on Thursday, to the tune of RM104.66mil and RM44.06mil respectively. It was opposite for local institutions. The market saw local institutions as net sellers every day except on Thursday. Largest net selling was recorded on Wednesday at -RM154.98mil and net buying was on Thursday at RM31.99mil. Foreigners turned net sellers on Tuesday and Thursday amounting to -RM43.30mil and RM76.06mil respectively. The biggest net inflow was on Wednesday at RM78.88mil. In comparison with three other South East Asian markets which MIDF tracked last week; Thailand recorded the most foreign net inflow while Indonesia and the Philippines experienced only outflow. Last week at Bursa, Tenaga registered the highest net money inflow of RM4.73mil. Its share price was -2.62% lower for the week, underperforming the local bourse which had a -0.85% weekly decrease. Axiata saw the second highest net money inflow of RM2.11mil. Its share price was -0.27% lower during the week. MIDF said net money inflow amidst retreating share price may indicate a buy on weakness (BOW) stance among some investors. RHB Bank saw the third highest net money inflow of RM2mil. Its share price was -0.91% during the week. However, in terms of net money outflow, Top Glove saw the largest net money outflow of -RM20.71mil last week. Its stock price was -5.70% lower for the week. CIMB recorded the second largest net money outflow at -RM1.87mil during the week under review. Its share price was +2.63% higher during the week. Genting registered the fourth largest net money outflow of -RM1.20mil in the review week.
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