Foreign Investors Return To Bursa, Turn Net Buyers For Fourth Week

Foreign investors maintained their position as net buyers on Bursa Malaysia for the fourth consecutive week, with a total of RM382.8m, showing a significant improvement over RM172.4m in the previous week. They net bought every day of the week, with the highest inflow on Tuesday at RM232.6m.

They also net bought RM6.5m on Monday, RM36.6m on Wednesday, RM74.0 on Thursday and RM33.1m on Friday.

The top three sectors with the highest net foreign inflows were Utilities (RM86.4m), Healthcare (RM85.2m) and Technology (RM82.0m), while the top three sectors with the highest net foreign outflows were Consumer Products & Services (-RM38.9m), Energy (-RM21.2m) and Telecommunication & Media (-RM20.1m).

Local institutions continued to net sell for the fourth consecutive week, disposing -RM355.0m of equities. They net bought RM11.0m on Monday but net sold from Tuesday to Friday.

Local retailers continued their net selling streak for the seventh consecutive week, with net sales amounting to RM27.8m. They were net buyers on RM24.6m only on Wednesday but were net sellers for the rest of the week.

In terms of participation, there were increases in average daily trading volume (ADTV) among local retailers by +4.9% and local institutions by +9.8%, but a decline among the foreign investors by -5.4%.

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