FOREIGN investors continued to be net buyers of domestic equities on Bursa Malaysia for the fourth consecutive week, with trades totaling RM524.9 million.

Throughout the week, every trading day, except Tuesday, saw a net foreign inflow, according to the MIDF Research fund flow report.

It said Tuesday recorded net foreign selling at RM23.3 million, with the highest outflows observed in Inari Amertron Bhd, My E.G. Services Bhd and Public Bank Bhd.

The sectors that recorded the highest net foreign inflows were utilities (RM208.9 million), financial services (RM156.0 million), and property (RM126.9 million).

Meanwhile, the sectors with the highest net foreign outflows were technology (RM69.4 million), consumer products and services (RM64 million), and telecommunication and media (RM16.0 million).

The report also noted that local institutions continued as net sellers for the third consecutive week, with a total of RM141.6 million. – TMR