Foreign funds maintained their net buying stance on Bursa Malaysia for the fourth consecutive week, which saw a net inflow of RM451.7m for the week ended 12 August 2022. This was +16.4% higher than the RM388.21m of net buying seen the previous week.
The week started with the foreign funds net buying on Monday and Tuesday amounting to RM0.53m and RM15.8m respectively. Despite the concerns of US inflation on Wednesday, foreign funds net sold was only -RM3.8m. This was
the only day of net selling by foreigners. The bulk of the net buying happened on Thursday and Friday at RM232.9m and RM206.2m respectively after the release of lower-than-expected US inflation data and stronger-than-expected Malaysia’s GDP data.
Meanwhile, local institutions continued to be net sellers for the fifth week, at a rate of -RM573m, more than double the amount from the previous week, which was -RM266.9m. Local institutions have been net sellers for eight consecutive
trading days since Aug 3. Local retailers reversed their net selling trend over three weeks with a net buy of RM121.3m for
the week. They were net buyers from Monday to Wednesday and on Friday but were net sellers on Thursday. To date, international funds have been net buyers for 21 out of the 32 weeks of 2022, with a total net inflow of RM7.11b. Local institutions were net sellers for 25 out of 32 weeks, with a total net outflow of -RM8.8b. Local retailers have been net buyers for 20 out of 32 weeks of 2022. Year-to-date, they have been net buyers at RM1.7b.
In terms of participation, there was an increase in average daily trade value (ADTV) among local institutional investors by +1.05%. Reductions in ADTV were seen among foreign investors and local retailers by -3.57% and -3.36% respectively.
