FBMKLCI +5 points but net foreign selling RM262m?

1. Lose support in last 5 minutes yesterday. Those who track FBMKLCI closely yesterday would have noticed that at 445pm, FBMKLCI is still +10 points before suddenly erased 5 points of its gain at 450pm. At 450pm, all share price will be "locked" and all trades must be transacted at the same price transacted at that time until 5pm.
2. In the end, FBMKLCI ended only +5 points. And guess what? Net Foreign Selling is RM262m.
3. Net foreign selling RM810m in the last 3 days.
Tuesday:   Net Selling RM122m
Wednesday: Net Selling RM437m
Thursday: Net Selling RM262m
4. What does this mean? It's quite clear net foreign selling has returned and it may stay for about 1 week. Depending on foreign investor confidence in Malaysia, it may end earlier or later.
5. So KLCI may gain today but maybe only 5 points. This is caused by strong liquidity in local market. But KLCI can't appreciate significantly because it will attract major sell from foreign investors again.