Foreign investors turned to net sellers again last week to the tune of -RM272.0m, a reversal from the net inflow of RM425.6m in the previous week. It was a shortened trading week following the public holiday granted on Friday to give way for the 15th General Election last weekend.
In contrast, local institutions were net buyers last week with a total net inflow of RM152.5m with the bulk of it recorded on Tuesday at RM149.9m and Wednesday at RM39.2m. Meanwhile, Monday and Thursday saw local institutions net selling -RM34.3m and -RM2.3m worth of equities respectively.
On the other hand, local retailers turned to net buyers last week with a total weekly net inflow of RM119.6m. This was a positive reversal in comparison with the -RM173.6m net sold in the week prior. Retailers started off the week by net
selling -RM21.3m worth of equities.
International funds have been net buyers for 26 out of the 46 weeks of 2022, with a total net inflow of RM5.91b. Local institutions were net sellers for 31 out of 46 weeks, with a total net outflow of –RM7.99b. Local retailers have been
net buyers for 29 out of 46 weeks of 2022. Year to date, they have been net buyers at RM2.08b.
In terms of participation, MIDF says there was a deterioration in terms of average daily trade value (ADTV) by retailer investors (-8.0%), institutional investors (-3.3%), and foreign investors (-0.1%).
