Latest news with #RM206.1
New Straits Times
3 days ago
- Business
- New Straits Times
Retail investors step up buying as foreign funds continue to exit
KUALA LUMPUR: Local retailers maintained their net buying momentum for the second straight week, with a significant increase in activity. According to MBSB Investment Bank Bhd (MBSB IB), net inflows surged to RM239.4 million, almost four times higher than the RM52.7 million recorded the previous week. In contrast, foreign investors continued their net selling trend for the second consecutive week, posting a net outflow of RM206.1 million. "Foreign investors were net sellers on every trading day except Monday and Friday, with outflows ranging from RM61.9 million to RM173.3 million. "The largest outflow was recorded on Wednesday, followed by Tuesday with RM88.3 million and Thursday with RM61.9 million. Monday and Friday recorded net inflows of RM1.21 million and RM116.2 million respectively," the research house said. MBSB IB said the construction sector saw the highest net foreign inflows at RM199.5 million, followed by transportation and logistics at RM102.1 million, and industrial products and services at RM94.7 million. On the other hand, the sectors with the largest net foreign outflows were financial services (-RM525.4 million), technology (-RM86.1 million), and consumer products and services (-RM71.8 million), it said. It noted that local institutions reversed their buying trend last week, breaking an eight-week streak of net inflows by registering a net outflow of RM33.3 million. "The average daily trading volume experienced a broad-based increase last week with the exception of local institutions. "Foreign investors and local retailers recorded increases of 6.9 per cent and 9.0 per cent respectively, while local institutions saw a decrease of 2.6 per cent," MBSB IB said.
Focus Malaysia
3 days ago
- Business
- Focus Malaysia
Bursa posts 2nd straight week of net foreign fund pull-out but deficit shrinks to RM206m
FOREIGN investors extended their net selling streak to a second successive week by posting a net outflow of -RM206.1 mil for the July 14-July 18 trading period (previous week: -RM516.6 mil). They were net sellers on every trading session except Monday (July 14) and Friday (July 18) with outflows ranging from -RM61.9 mil to -RM173.3 mil, according to MBSB Research (formerly MIDF Research). 'The largest outflow was recorded on Wednesday (July 16) followed by Tuesday (July 15) with -RM88.3 mil and Thursday (July 17) with -RM61.9 mil,' observed the research house in is weekly fund flow report. 'Monday (July 14) and Friday (July 18) recorded net inflows of RM1.21 mil and RM116.2 mil respectively.' The top three sectors that recorded the highest net foreign inflows were construction (RM199.5 mil), transportation & logistics (RM102.1 mil) and industrial products & services (RM94.7 mil). On the other hand, the top three sectors with the highest net foreign outflows were financial services (-RM525.4 mil), technology (-RM86.1 mil) and consumer products & services (-RM71.8 mil). On a similar note, local institutions also reversed their buying momentum last week to end their eight straight weeks of net inflows with a modest withdrawal of -RM33.3 mil. However, local retailers continued their net buying activities to a second week in a row with a net inflow of RM239.4 mil which was about four times higher than the previous week's inflow of RM52.7 mil. The average daily trading volume (ADTV) experienced a broad-based incline last week with the exception of local institutions. Foreign investors and local retailers recorded increases of +6.9%% and +9.0% respectively while local institutions saw a decrease of -2.6%. In comparison with another four Southeast Asian markets tracked by MIDF Research, only Thailand again posted a net inflow of US$141.5 mil to extend its streak of foreign purchases to a second week. However, Indonesia recorded the second highest outflow in the region at -US$100.7 mil to mark five straight weeks of net foreign selling while the Philippines saw a modest net outflow of -US$60.1 mil to stretch its foreign selling streak to two weeks. Again, Vietnam's net flow data was not available at the time of writing. The top three stocks with the highest net money inflow from foreign investors last week were Gamuda Bhd (RM153.7 mil), Sunway Bhd (RM103.6 mil) and Westports Holdings Bhd (RM88.2 mil), – July 21, 2025
New Straits Times
3 days ago
- Business
- New Straits Times
Local retailers extend purchases for two consecutive weeks
KUALA LUMPUR: Local retailers continued their net buying activities, resulting in a two-week consecutive streak of purchases on Bursa Malaysia, MIDF Amanah Investment Bank Bhd said today. The investment bank said a net inflow of RM239.4 million was recorded last week, around four times higher than the previous week's inflow of RM52.7 million. However, foreign investors extended their net selling streak to two consecutive weeks, registering a net outflow of RM206.1 million. "Foreign investors were net sellers on every trading day except Monday and Friday, with outflows ranging from RM61.9 million to RM173.3 million. The largest outflow was recorded on Wednesday, followed by Tuesday with RM88.3 million and Thursday with RM61.9 million. "Monday and Friday recorded net inflows of RM1.21 million and RM116.2 million, respectively," MIDF Amanah said in its fund flow report today. It noted that the top three sectors that recorded the highest net foreign inflows were construction (RM199.5 million), transportation and logistics (RM102.1 million) and industrial products and services (RM94.7 million). The top three sectors that recorded the highest net foreign outflows were financial services (RM525.4 million), technology (RM86.1 million) and consumer products and services (RM71.8 million). "Local institutions reversed their buying momentum last week, ending their streak of eight consecutive weeks of net inflows, recording a withdrawal of RM33.3 million," MIDF Amanah said. The average daily trading volume (ADTV) experienced a broad-based incline last week except local institutions. MIDF Amanah said foreign investors and local retailers recorded increases of 6.9 per cent and 9.0 per cent, respectively, while local institutions saw a decrease of 2.6 per cent.
Barnama
3 days ago
- Business
- Barnama
Local Retailers Extend Purchases For Two Consecutive Weeks
BUSINESS KUALA LUMPUR, July 21 (Bernama) -- Local retailers continued their net buying activities, resulting in a two-week consecutive streak of purchases on Bursa Malaysia, MIDF Amanah Investment Bank Bhd said today. The investment bank said a net inflow of RM239.4 million was recorded last week, around four times higher than the previous week's inflow of RM52.7 million. However, foreign investors extended their net selling streak to two consecutive weeks, registering a net outflow of RM206.1 million. 'Foreign investors were net sellers on every trading day except Monday and Friday, with outflows ranging from RM61.9 million to RM173.3 million. The largest outflow was recorded on Wednesday, followed by Tuesday with RM88.3 million and Thursday with RM61.9 million. 'Monday and Friday recorded net inflows of RM1.21 million and RM116.2 million, respectively,' MIDF Amanah said in its fund flow report today. It noted that the top three sectors that recorded the highest net foreign inflows were construction (RM199.5 million), transportation and logistics (RM102.1 million) and industrial products and services (RM94.7 million). The top three sectors that recorded the highest net foreign outflows were financial services (RM525.4 million), technology (RM86.1 million) and consumer products and services (RM71.8 million). 'Local institutions reversed their buying momentum last week, ending their streak of eight consecutive weeks of net inflows, recording a withdrawal of RM33.3 million,' MIDF Amanah said. The average daily trading volume (ADTV) experienced a broad-based incline last week except local institutions.
The Star
3 days ago
- Business
- The Star
Local retailers extend purchases for two consecutive weeks
KUALA LUMPUR: Local retailers continued their net buying activities, resulting in a two-week consecutive streak of purchases on Bursa Malaysia, MIDF Amanah Investment Bank Bhd said today. The investment bank said a net inflow of RM239.4 million was recorded last week, around four times higher than the previous week's inflow of RM52.7 million. However, foreign investors extended their net selling streak to two consecutive weeks, registering a net outflow of RM206.1 million. "Foreign investors were net sellers on every trading day except Monday and Friday, with outflows ranging from RM61.9 million to RM173.3 million. The largest outflow was recorded on Wednesday, followed by Tuesday with RM88.3 million and Thursday with RM61.9 million. "Monday and Friday recorded net inflows of RM1.21 million and RM116.2 million, respectively,' MIDF Amanah said in its fund flow report today. It noted that the top three sectors that recorded the highest net foreign inflows were construction (RM199.5 million), transportation and logistics (RM102.1 million) and industrial products and services (RM94.7 million). The top three sectors that recorded the highest net foreign outflows were financial services (RM525.4 million), technology (RM86.1 million) and consumer products and services (RM71.8 million). "Local institutions reversed their buying momentum last week, ending their streak of eight consecutive weeks of net inflows, recording a withdrawal of RM33.3 million,' MIDF Amanah said. The average daily trading volume (ADTV) experienced a broad-based incline last week except local institutions. MIDF Amanah said foreign investors and local retailers recorded increases of 6.9 per cent and 9.0 per cent, respectively, while local institutions saw a decrease of 2.6 per cent. - Bernama
