Latest news with #RM50.7
The Star
30-06-2025
- 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
30-06-2025
- 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
New Straits Times
30-06-2025
- 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.
Business Times
26-06-2025
- Business
- Business Times
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
[SINGAPORE] Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended May, 31 per cent down from a profit of RM50.7 million in the previous corresponding period. Earnings per share for the quarter stood at 0.43 sen, down from 0.63 sen previously. Revenue for the period climbed 30 per cent to RM830.3 million from RM636.9 million in the year-ago period, driven by a 45 per cent rise in sales volume. Shares of Top Glove ended Wednesday 2.2 per cent or S$0.005 lower at S$0.225, before the announcement.
New Straits Times
09-06-2025
- Entertainment
- New Straits Times
#SHOWBIZ: 'Ejen Ali The Movie 2' dominates box office with RM50.7mil collection
KUALA LUMPUR: 'Ejen Ali The Movie 2' has solidified its position as Malaysia's top local animated film, now boasting an impressive RM50.7 million at the box office after just 18 days in cinemas. This outstanding achievement follows its record-breaking success last week when it surpassed the RM40 million mark. The film's performance demonstrates the growing recognition and affection for local animation among audiences, paving the way for Malaysian animation to expand and reach new heights. Since its premiere on 22 May, the movie has garnered an overwhelming response from a broad spectrum of viewers, including families, teenagers, and dedicated fans of the franchise. Audiences have consistently lauded its world-class technical production quality, moving storyline, and exhilarating cinematic experience, prompting many to watch it multiple times. According to film director Usamah Zaid Yasin, this remarkable success is a testament to the extraordinary support from fans and their faith in local productions. "Alhamdulillah, I'm grateful that this movie has received such an incredible response from audiences. I'm also deeply thankful to everyone at Primeworks Studios and WAU Animation who have worked tirelessly to promote this film," he said. Beyond its success in Malaysia and Brunei, 'Ejen Ali The Movie 2' also launched in the Singaporean market on June 5 and is set to premiere in Indonesia on June 27. These new market entries represent a significant stride in bringing Malaysian animation to a regional audience. They are also expected to generate new business opportunities in licensing and merchandising, through the sale of branded 'Ejen Ali' products such as clothing, school supplies, and toys. The film is currently still showing in cinemas nationwide.
