Here's some statistics from The Sun on Daily Trading Participation...
Last Friday:
Net Buyer = Foreign (RM122.4m), Net Seller = Local Institutional ( -RM106.1m) and Local Retail (-RM16.3m)
Yesterday (Tuesday):
Net Buyer = Foreign (RM48.1m) and Local Institutional (RM14.7m), Net Seller = Local Retail (-RM62.8m).
My view:
Seems like foreign investors are slowly collecting Malaysia shares. Possibly due to continued low interest in US and money outflow from Japan. No wonder stocks with huge foreign interest e.g. AIRASIA has been moving.
Grumpy Old Man Syndrome
1 year ago
No comments:
Post a Comment