The healthy trend of foreign funds into Bursa Malaysia took a halt after seven consecutive weeks of net inflows with investors net selling RM42.49m last week. They were net sellers from Monday to Thursday before turning net buyers on Friday.
The bulk of the foreign net outflows was seen on Tuesday and Wednesday at -RM42.18m and -RM45.72m. Foreigners also net sold -RM3.89m on Monday and -RM2.6m on Thursday before net buying RM51.9m on Friday. Local institutions net bought RM91.29m last week, after being net sellers for eight consecutive weeks. They were net buyers from
Monday to Thursday last week. The bulk of the net buying was on Tuesday and Wednesday at RM59.26m and RM51.36m. The net buying on Monday and Thursday was RM2.55m and RM3.51m respectively, before turning net sellers on Friday at -RM25.39m.
Meanwhile, local retailers turned net sellers last week at-RM48.81m after four weeks of net buying. They started the week by net buying RM1.35m before turning net sellers for the rest of the week. The heavier portion of the net selling was seen on
Tuesday and Friday at -RM17.08m and -RM26.51m respectively. Wednesday and Thursday saw net selling at RM5.64m and RM0.91m respectively.
The top three sectors which saw net outflows by foreign investors last week were Industrial Products and Services at -RM121.8m, Plantation at -RM35.7m, and Healthcare at -RM34.6m. Meanwhile, the top three sectors with net inflows were Construction, telecommunications, and Utilities at RM69.2m, RM47.9m, and RM25.1m respectively. To date, international funds have been net buyers for 24 out of the 36 weeks of 2022, with a total net inflow of RM8.11b. Local institutions were net sellers for 28 out of 36 weeks, with a total net outflow of –RM9.90b. Local retailers have been net buyers for 23 out of 36 weeks of 2022. Year to date, they have been net buyers at RM1.79b.
In terms of participation, there was a decline in average daily trade value (ADTV) across the board, led by foreign investors at -41.5%, retailers at -13%, and local institutions at -8.26%.
