Foreign investors remained net sellers on Bursa Malaysia for the second straight week at -RM113.5m in a shortened trading week last week due to the National Day Holiday on Thursday. They net bought RM12.1m on Monday and RM53.6m on Tuesday before net selling -RM139.4m on Wednesday and -RM39.8m on Friday.
The top three sectors that saw net foreign inflows were Property, Construction, and Technology. The bottom three sectors with net foreign outflows for the week were Healthcare, Industrial Products & Services, and Consumer Products & Services. Year-to-date, foreigners have net sold -RM2.68b.
Local institutions on the other hand, maintained their net buying stance for the third consecutive week with a net buying amount of RM191.3m last week. They only net sold -RM17.1m on Tuesday but were net buyers on Monday (RM40.0m), Wednesday and Friday. Year-to-date, local institutions have net bought RM3.23b on equities on Bursa Malaysia.
Meanwhile, local retail investors continued net selling, which has not stretched into the eighth consecutive week. The net selling amount came up to -RM77.8m last week. They only net bought RM35.9m on Wednesday but were net sellers on
Monday (-RM52.1m), Tuesday and Friday. Year-to-date, local retailers have net
sold -RM550.7m.
In terms of participation, there was a strong increase in average daily trading volume among foreign investors by +94.3% and among retail and institutional investors by +38.4% and +44.9% respectively
