Latest news with #RM5.0


The Star
3 days ago
- Business
- The Star
Foreign investors turn net buyers, inflows at RM33.2mil net
KUALA LUMPUR: Foreign investors registered a net inflow of RM33.2 million on Bursa Malaysia, reversing a fifth week of selling trend, said MIDF Amanah Investment Bank Bhd. In its Fund Flow Report for the week ended June 27, 2025, MIDF Amanah said foreign investors' activities were mixed throughout the week, with net buying recorded on Tuesday and Thursday, while Monday and Wednesday saw net outflows. "Inflows ranged from RM5.0 million to RM144.1 million, whereas outflows were between -RM50.7 million and -RM65.2 million," it said in a note. It added that the three sectors that recorded the highest net foreign inflows were utilities (RM102.6 million), transportation and logistics (RM45.9 million) and industrial products and services (RM22.9 million). Meanwhile, the top three sectors that recorded the highest net foreign outflows were financial services (-RM109.9 million), property (-RM35.9 million) and telco and media (-RM28.0 million). Similarly, local institutions continued their buying activities, extending to a sixth week buying streak with net inflows amounting to RM142.8 million, smaller than the previous week's inflow of RM510.6 million. Meanwhile, local retailers returned to net foreign sellers last week, recording a net outflow of -RM176.0 million, snapping their one-week inflow streak. "The average daily trading volume saw a broad-based increase last week, except for foreign investors. "Local retailers and local institutions saw an increase of +12.7 per cent and +9.7 per cent, respectively, while foreign investors saw a decline of -17.0 per cent," it said. - Bernama


BusinessToday
3 days ago
- Business
- BusinessToday
Foreign Investors End Selling Streak With RM33.2 Million Net Inflow
Foreign investors staged a return to Bursa Malaysia last week with a net inflow of RM33.2 million, ending a five-week selling streak, according to MIDF Research. The week saw mixed participation, with net buying on Tuesday and Thursday, while Monday and Wednesday recorded net outflows. Daily foreign inflows ranged from RM5.0 million to RM144.1 million, while outflows varied between -RM50.7 million and -RM65.2 million. Top sectors attracting foreign inflows were: Utilities: RM102.6 million, Transportation & Logistics: RM45.9 million and Industrial Products & Services: RM22.9 million Meanwhile, Financial Services (-RM109.9 million), Property (-RM35.9 million), and Telco & Media (-RM28.0 million) saw the largest foreign outflows. Local institutions extended their buying spree for a sixth consecutive week with RM142.8 million in net inflows, though this was down from RM510.6 million the previous week. Local retailers, however, turned net sellers, recording -RM176.0 million in outflows after a brief return to net buying. Trading activity was broadly higher across local investor groups. Local retailers' ADTV rose by 12.7%, local institutions by 9.7%, while foreign investors' ADTV dipped by 17.0%. Related


Focus Malaysia
3 days ago
- Business
- Focus Malaysia
Foreign funds turn the tide to emerge net buyers on Bursa with modest RM34m inflow
FOREIGN investors posted a net inflow of RM33.2 mil on Bursa Malaysia during the Awal Muharam-shortened June 23-26 trading week to reverse a five-week selling streak which ended with net selling amounted to -RM565.2 mil the previous week. Their trading activity was mixed throughout the week with net buying recorded on Tuesday (Jine 24) and Thursday (June 26) while Monday (June 23) and Wednesday (June 25) saw net outflows, according to MIDF Research. 'Inflows ranged from RM5.0 mil to RM144.1 mil whereas outflows were between -RM50.7 mil and -RM65.2 mil,' observed the research house in its weekly fund flow report. The three sectors that recorded the highest net foreign inflows were utilities (RM102.6 mil), transportation & logistics (RM45.9 mil) and industrial products & services (RM22.9 mil). Reversely, the top three sectors that posted the highest net foreign outflows were financial services (-RM109.9 mil), property (-RM35.9 mil) and telco & media (-RM28.0 mil). Local institutions also continued with their purchasing activities to extend their buying streak to a sixth week with net inflow amounting to RM142.8 mil which was considerably smaller than the previous week's inflow of RM510.6 mil. However, local retailers returned to becoming net sellers last week by offloading -RM176.0 mil to snap their one-week inflow streak. The average daily trading volume (ADTV) recorded a broad-based increase last week except for foreign investors. Local retailers and local institutions saw an increase of +12.7% and +9.7% respectively while foreign investors encountered a decline of -17.0%. In comparison with another four Southeast Asian markets tracked by MIDF Research, only Thailand posted a net inflow of US$105.5 mil from foreign investors to reverse the previous week's outflow. The Philippines registered net outflow of -US$19.7 mil to stretch its foreign selling streak to three weeks while Indonesia posted a modest outflow of -US$.8 mil to extend its net selling trend to two weeks. Elsewhere, Vietnam recorded a marginal outflow of -US$1.7 mil for a second successive week of net outflows. The top three stocks with the highest net money inflow from foreign investors last week were Malayan Banking Bhd (RM154.1 mil), Tenaga Nasional Bhd (RM130.7 mil) and Eco-Shop Marketing Bhd (RM45.5 mil), – June 30, 2025


New Straits Times
3 days ago
- Business
- New Straits Times
MIDF: Foreign funds return to Bursa Malaysia after five-week selloff
KUALA LUMPUR: Foreign investors returned as net buyers on Bursa Malaysia, breaking a five-week selling streak with a net inflow of RM33.2 million. MIDF Research, in its fund flow report for the week ended June 27, 2025, noted that foreign investor activity was mixed, with net inflows on Tuesday and Thursday, while Monday and Wednesday recorded outflows. The report highlighted that inflows ranged between RM5.0 million and RM144.1 million, while outflows were between RM50.7 million and RM65.2 million. "The three sectors that recorded the highest net foreign inflows were utilities (RM102.6 million), transportation & logistics (RM45.9 million), and industrial products & services (RM22.9 million). "The top three sectors that recorded the highest net foreign outflows were financial services (RM109.9 million), property (RM35.9 million) and telco & media (RM28.0 million)," it said. MIDF said local institutions maintained their buying momentum for the sixth consecutive week, recording net inflows of RM142.8 million, although this was lower than the RM510.6 million registered the previous week. "Meanwhile, local retailers returned to net foreign sellers last week, recording a net outflow of RM176.0 million, snapping their one-week inflow streak. "The average daily trading volume (ADTV) saw a broad-based increase last week, except for foreign investors," it adds. The firm said trading participation by local retailers and local institutions rose by 12.7 per cent and 9.7 per cent respectively, while foreign investor participation dropped by 17.0 per cent.


Focus Malaysia
17-06-2025
- Business
- Focus Malaysia
Private sector, infrastructure projects to anchor construction growth in 2025
DATA from the Department of Statistics Malaysia showed the construction sector remained on a positive trajectory for the 12th consecutive quarter, registering an increase of +23.1% year-on-year (yoy) to RM42.9 bil of work done value in quarter one (Q1) of 2025. Out of the work done, 36.6% or equivalent to RM15.7 bil was in civil engineering, primarily in the construction of roads and railways (RM7.9 bil) and construction of utility projects (RM6 bil ) activities. The value of work done for nonresidential buildings and residential buildings amounted to RM12.3 bil (28.8%) and RM9.9 bil (23.0%), respectively. Meanwhile, special trade activities contributed RM5.0 bil (11.6%), mainly in sites preparation (RM1.3 bil); electrical installation (RM1.2 bil); and plumbing, heat, and air-conditioning installation (RM1.1 bil). Nearly 63.4% of completed works value was concentrated in Selangor, Johor, the Federal Territories and Sarawak, with Selangor recording the highest construction work done value at RM11.1 bil. As of May-25, a total of 5,387 projects have been awarded in 2025, with a total value of RM76.3 bil. This is slightly lower than the same period in 2024 where 7,822 projects were awarded, with a total value of RM91.6 bil. 'Overall, we see this as a positive development despite the headwinds suffered by the construction sector in 1Q25, attributed to delays in project rollouts within the pipeline and global trade tensions. We do not expect any surprises for 2Q25,' said MIDF Research. Across the board, construction companies encountered subpar conditions in 1Q2025, with some benefiting from robust progress in infrastructure and property projects, while others faced challenges due to project completions and regulatory delays. 'Our economics team has maintained their forecasted growth for the construction sector in 2025 at +12.8%,' said MIDF. With the lack or rather delayed rollout of mega pump-priming projects under Budget 2025, the construction sector is still expected to be supported by private sector jobs with a focus on industrial buildings such as logistics warehouses, data centres, and semiconductor foundries. This will be further backed by previously awarded infrastructure projects such as the East Coast Rail Link (ECRL), RTS Link and the recently reinstated five LRT3 stations. The government aims to generate RM78 bil worth of public-private partnership (PPP) investments across 17 key initiatives by CY30, according to the PPP Master Plan 2030. Other upcoming projects that could boost the sector include, the Penang LRT (value estimated to be >RM10.3 bil), Penang International Airport expansion; the RM6.1 bil Northern Coastal Highway in Sarawak; the RM5.6 bil Sabah-Sarawak Link Road, the rollout of the MRT3 project, and the potential renewal of the KL-SG High Speed Rail project amongst others. 'We maintain our positive view on the construction sector, supported by a favourable cost environment and steady project momentum,' said MIDF. Steel bar prices have continued to ease for the second consecutive month amid a decline in global production, while cement prices remain stable due to disciplined domestic production and raw material cost control. These dynamics help cushion contractors from margin pressures. While recent geopolitical developments such as the Liberation Day tariffs and the conflicts in the Middle East have introduced some volatility, MIDF see limited impact on the sector given its domestic focus and low direct exposure to U.S. and Middle East markets. Moreover, key inputs remain reasonably priced, and sector fundamentals are supported by healthy job flows, a strong pipeline of industrial and infrastructure projects, and strengthened data centre demand. Looking ahead, the second half of 2025 is expected to show a recovery in construction sector performance, driven by improved project execution momentum despite more challenging market conditions. —June 17, 2025 Main image: National Action Plan On Business And Human Rights