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Focus Malaysia
3 days ago
- Business
- Focus Malaysia
Selling by foreign funds on Bursa stretches to a third successive week with RM90m net outflow
FOREIGN investors extended their net selling streak to a third straight week to register a net outflow of -RM89.9 mil during the July 21-25 trading period although this was smaller than the previous week's outflow of -RM206.1 mil. They were net sellers on every trading session except Wednesday (July 23) and Thursday (July 24) with outflows ranging from -RM21.0 mil to -RM136.5 mil, according to MBSB Research (previously MIDF Research). 'The largest outflow was recorded on Friday (July 25), followed by Monday (July 21) with -RM52.3 mil and Tuesday (July 22) with -RM21.0 mil,' observed the research house. 'Wednesday (July 23) and Thursday (July 24) recorded net inflows of RM97.3 mil and RM22.6 mil respectively.' The top three sectors that recorded the highest net foreign inflows were transportation & logistics (RM158.7 mil), utilities (RM69.5 mil) and construction (RM51.4 mil). On the contrary, the top three sectors that recorded the highest net foreign outflows were financial services (-RM174.1 mil), technology (-RM80.8 mil) and telco & media (-RM70.8 mil). Tracking the foreign investors, local institutions, too, extended their net selling streak to two consecutive weeks by posting a net outflow of -RM15.5 mil which was smaller than the previous week's outflow of -RM33.3 mil. However, local retailers continued their net buying activities by extending their purchase streak to a third week in a row with a net inflow of RM105.4 mil. The average daily trading volume (ADTV) experienced a broad-based decline last week. Foreign investors and local retailers recorded decreases of -5.5% and -2.1% respectively while local institutions saw a modest decline of -0.8%. In comparison with another four Southeast Asian markets tracked by MIDF Research, Thailand attracted a net inflow of US$273.3 mil to extend its streak of foreign purchases to a third consecutive week. This was followed by the Philippines which posted a modest net inflow of US$6.0 mil to break two consecutive weeks of outflows. However, Indonesia posted a net outflow of -USD8.2 mil – its sixth successive week of foreign selling – while Vietnam's net flow data was again unavailable at the time of writing. The top three stocks with the highest net money inflow from foreign investors last week were Westports Holdings Bhd (RM162.0 mil), Tenaga Nasional Bhd (RM94.7 mil) and Gamuda Bhd (RM75.3 mil). – July 28, 2025
Borneo Post
15-07-2025
- Business
- Borneo Post
Malaysia seeks to mitigate US tariff impact, keep maritime industry competitive, says Transport Minister
Loke notes that the maritime sector is currently performing well, supported by higher trade volumes at ports operated by MMC Corporation Bhd and Westports Holdings Bhd. – Bernama photo PETALING JAYA (July 15): Transport Minister Anthony Loke has expressed hope that the ongoing negotiations with the United States (US) government, ahead of the potential imposition of a 25 per cent tariff rate on Malaysia from Aug 1, will help mitigate the impact on the country's maritime industry and ensure it remains competitive. He noted that the maritime sector is currently performing well, supported by higher trade volumes at ports operated by MMC Corporation Bhd and Westports Holdings Bhd. 'Currently, we are doing well. If you look at our ports, they are performing strongly because volumes have increased,' he said. 'In fact, we are awaiting the announcement by Lloyd's List this August that will confirm that Port Klang is among the top 10 busiest ports in the world,' he told reporters after officiating the Malaysia Maritime Week (MMW25) today. Hence, Loke said, the government is doing its utmost to leverage all available diplomatic channels to secure a better deal with the US. 'We are using our diplomatic advantages to negotiate a better outcome so that we can hopefully mitigate any negative impact,' he said. Last week, Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will continue negotiations with the US following the imposition of a 25 per cent retaliatory tariff on Malaysian products. Earlier in his welcome address for MMW25, Loke said the ports in Malaysia play a crucial role in the nation's economy, supporting trade and improving logistics capabilities. He said that despite the global uncertainty, Malaysia has maintained its position as a leading maritime hub. Loke said the Port Klang and the Port of Tanjung Pelepas (PTP) continue to lead the charge, consistently ranking among the world's busiest seaports, and are expected to set new performance benchmarks in the coming weeks. Speaking to reporters later, he said that 'every month we are looking at almost a 10 per cent growth for PTP in terms of volume. 'Of course, PTP is growing very strongly due to the consolidation between Maersk and Hapag-Lloyd. They have formed the Gemini Cooperation alliance and have made PTP their major hub in Southeast Asia. 'Meanwhile, Port Klang is consistent and growing steadily,' he said. In Malaysia, about 96.4 per cent of the country's trade is transported by sea. In 2024, Malaysia recorded its best trade performance ever, with total trade reaching RM2.879 trillion. – Bernama anthony loke maritime Port Klang PTP US tariff
Focus Malaysia
07-07-2025
- Business
- Focus Malaysia
9-fold spike of net buying by foreign funds in Bursa last week with inflows surging past RM300m
FOREIGN investors posted a second successive week of net inflow – the first time since mid-May 2025 – with RM303.0 mil during the June 30-July 4 trading week which was nine times higher than the previous week's inflow of RM33.2 mil. They were net buyers on every trading day except Friday (July 4) with inflows ranging from RM23.3 mil to RM112.6 mil, according to MIDF Research. 'The largest inflow was recorded on Thursday (July 3), followed by Tuesday (July 1) with RM106.8 mil,' observed the research house in its weekly fund flow report. 'Friday (July 4) was the only day with a net outflow recorded at -RM6.0 mil.' The top three sectors that recorded the highest net foreign inflows were utilities (RM419.3 mil), industrial products & services (RM182.8 mil) and transportation & logistics (RM98.2 mil). The top three sectors with the highest net foreign outflows were healthcare (-RM177.0 mil), telecommunication & media (-RM153.7 mil) and financial services (-RM78.9m). Taking the cue from their foreign counterparts, local institutions extended their buying spree to the seventh week with net inflows amounting to RM61.0 mil which was smaller than the previous week's net purchases of RM142.8 mil. However, local retailers extended their net selling to a second week with an outflow of -RM363.9 mil which was twice higher than the previous week's outflow of -RM176.0 mil. The average daily trading volume (ADTV) saw a broad-based increase last week. Local retailers and local institutions saw an increase of +6.6% and +36.2% respectively while foreign investors recorded an increase of +8.2%. In comparison with another four Southeast Asian markets tracked by MIDF Research, the Philippines registered the highest net foreign inflow at US$48.7 mil to reverse a three-week foreign selling streak. This was followed by Vietnam which recorded a marginal net inflow of US$22.6 mil to end a two consecutive week of net foreign withdrawals. However, Indonesia posted the second-highest outflows among the four regional markets at -US$171.6 mil to extend its net selling trend to a third week in a row while Thailand incurred a net foreign outflow of -US$115.5 mil to reverse a single-week of inflow. The top three stocks with the highest net money inflow from foreign investors last week were Tenaga Nasional Bhd (RM254.9 mil), Westports Holdings Bhd (RM56.2 mil) and Sunway Bhd (RM52.3 mil), – July 7, 2025
Focus Malaysia
23-06-2025
- Business
- Focus Malaysia
Foreign funds exit from Bursa, regional markets escalates amid Middle East conflict
FOREIGN investors extended their selling streak on Bursa Malaysia to a fifth week by posting a net outflow of -RM565.2 mil for the June 16-20 trading period which was slightly higher than the previous week's net outflow of -RM444.4 mil. They were net sellers on every trading session with outflows ranging from -RM52.5 mil to -M202.2 mil, according to MIDF Research. 'The largest outflow was recorded on Friday (June 20), followed by Monday with -RM130.3 mil,' observed the research house in its weekly fund flow report. The three sectors that recorded the highest net foreign inflows were transportation & logistics (RM95.8 mil), REITs (RM38.4 mil) and Construction (RM28.9 mil). On the other hand, the top three sectors with the highest net foreign outflows were financial services (-RM387.4 mil), healthcare (-RM110.0 mil) and industrial products & services (-RM52.9 mil). On the contrary, local institutions extended their buying spree to a fifth week with net purchases of RM510.6 mil. Likewise, local retailers also returned to buying mode last week with a net inflow of RM54.7 mil to snap their two-week outflow streak. The average daily trading volume (ADTV) saw a broad-based decline last week with the exception of foreign investors. Local institutions and local retailers saw a decline of -13.3% and -10.9% respectively while foreign investors saw a surge of +24.0%. In comparison with another four Southeast Asian markets tracked by MIDF Research, all recorded outflows with the largest emanating from Thailand at -US$298.3 mil to end its single-week of net buying streak. Indonesia came in second with a net outflow of -US$275.4 mil after a brief week of inflow while the Philippines posted a net outflow of -US$61.8 mil to extend its foreign selling streak to two weeks. Vietnam posted the smallest outflow among the regional markets at -US$7.3 mil to end a one-week inflow streak. The top three stocks with the highest net money inflow from foreign investors last week were Westports Holdings Bhd (RM86.5 mil, Tenaga Nasional Bhd (RM74.0 mil) and Eco-Shop Marketing Bhd (RM42.5 mil), – June 23, 2025
New Straits Times
19-06-2025
- Business
- New Straits Times
Bursa Malaysia dips midday amid profit-taking, US-Iran tensions
KUALA LUMPUR: Bursa Malaysia was almost flat at midday, with buying support in selected heavyweights offset by profit-taking in consumer products and services counters. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.58 per cent or 8.77 points lower at 1,503.18, compared with Wednesday's close of 1,511.95. The benchmark index opened 0.99 of a point higher at 1,512.94 and traded between 1,501.68 and 1,512.94 throughout the morning session. The broader market was negative, with 608 losers outpacing 219 gainers, while 392 counters were unchanged. A total of 1,193 counters were untraded and 13 suspended. Turnover stood at 1.8 billion shares valued at RM765 million. Maybank Investment Bank Bhd said the FBM KLCI continued to contract today as US President Donald Trump kept the world guessing about potential US military action against Iran. "Broad market sentiment remains weak, although the transportation and logistics sector index emerged as a bright spot. "Westports Holdings Bhd attempted to trade in positive territory for a fourth consecutive day following tariff hike news from earlier this week," the firm said. Maybank IB added that local energy stocks pulled back as Brent crude oil futures hovered around the US$76.4 level. Given the current trading environment, it said investors should monitor downside risks and set strict take-profit and stop-loss levels.
