3 days ago
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
