Bursa Experiences First Net Inflow From Foreign Investors Since Oct 2024
Foreign investors registered a net inflow on Bursa Malaysia, reversing a 26-week selling streak, recording a net inflow of RM332.3m, which was the first week net foreign inflows since Oct-24.
Foreign investors were net buyers on every trading day except for Monday and Tuesday, which saw a net outflow of -RM101.1m and –RM105.4m respectively. Other days ranged between RM125.9m and RM267.2m.
The three sectors that recorded net foreign inflows were Financial Services (RM197.1m), Telco & Media (RM60.8m) and Industrial Products and Services (RM48.8m). The top three sectors that recorded the highest net foreign outflows were Energy (-RM16.0m), Plantation (-RM16.0m) and Healthcare (-RM13.3m)
Local institutions also suffered a reversal of fortunes last week, turning net sellers and ending their 26 straight weeks of net buying activity with outflows amounting to -RM267.4m. This was the first week of net selling by local institutions since Oct-24.
Meanwhile, MIDF Research noted that the local retail investors extended their trend of net selling to two weeks, with an outflow of –RM64.9m, 2.5x more than the previous week’s outflow.
The average daily trading volume (ADTV) saw a broad-based increase with the exception of foreign investors. Local institutions and local retailers saw an increase of +23.8% and +2.2% respectively while foreign investors saw a decline of –6.9%.
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