Foreign investors gave some respite to Bursa Malaysia last week, although not by much.

Based on data provided by the local bourse, international investors bought RM88.6mil net of Malaysian equities last week, excluding off market trades.

According to MIDF Research, this represents the highest weekly inflow since the week ended September 15.

The research house however, concedes that this was not enough to offset foreign fund outflows in the preceding week of RM297.1mil net.

Astro AWANI Graphics

On Friday, foreign fund outflows were recorded at RM62.4 million net, contributed by negative sentiment due to the removal of certain counters like Digi from the list of Shariah-compliant securities.

While on Thursday, foreign net inflow was below the RM10mil net mark, after Chinese shares tumbled following a major bond selloff.

Year-to-date, foreign fund inflows are recorded at RM9.10bil.