KUALA LUMPUR: Offshore investors returned to Bursa Malaysia with a net inflow of RM267.7mil in the past trading week as the positive sentiment in equities grew over optimistic US economic data.

       Over the four-day trading week, foreign investors were only net sellers on Tuesday with RM66.6mil in net outflow.

       MIDF Research said in its fund flow report the three sectors with the highest net foreign inflows were financial services (RM112.2mil), utilities (RM97.3mil) and property (RM86.6mil).

       The three sectors with the highest net foreign outflows were consumer products and services (RM39.6mil), industrial products and services (RM38mil) and healthcare (RM21.2mil).

       Meanwhile, local institutions were net sellers for the week with RM167.1mil in net selling.

       Local retailers continued to be net sellers for a fourth consecutive week, to the sum of RM100.6mil.

       In terms of participation, there was an increase in average daily trading volume (ADTV) among local institutions and foreign investors by 3.3% and 2.5% respectively while local retailers recorded a decrease of 14.6%.

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