Compare FBM-KLCI Change vs Foreign Fund Flow

Let Us Compare FBM-KLCI Change vs Foreign Fund Flow

Have you ever wondered what is the effect of the Net Foreign Fund Flows of Bursa Malaysia on the FBM-KLCI?

Look at the graph and table below on the effect.

Below is the FBM-KLCI month end closing points, monthly change percentage and the Foreign Fund Flows amount in RM Billions.

What can you notice on the numbers? 
Do they look like they have a high correlation with each other?

Can we say that Foreign Fund Flow have high effect on FBM-KLCI? Leave your comments below.