PETALING JAYA: Foreign investors turned net sellers in the first week of 2022 with an outflow of RM62.15mil net of local equities compared with RM17.77mil net of local equities acquired in the preceding week, said MIDF Research.

       It said foreign investors bought RM37.35mil net of local equities yesterday, with retailers and local institutions as net sellers amounting to RM19.28mil and RM18.08mil, respectively.

       Throughout the first week of 2022, retailers were active sellers. — Bernama