The net buying spree by foreign investors on Bursa Malaysia stretches into its fifth consecutive week at RM246.3m, though
a reduction of -35.7% over the previous week at RM382.8m. They briefly net sold -RM70.0m on Monday but were net buyers
for the rest of the week says MIDF.
The top three stocks they were net selling were CIMB Group Holdings, Tenaga Nasional, and MISC.
Foreign investors net bought RM114.3m on Tuesday, RM59.8m on Wednesday, RM30.6m on Thursday and RM111.5m on Friday.
The top three sectors with the highest net foreign inflows were Financial Services (RM150.6m), Utilities (RM132.2m),
and Healthcare (RM64.6m), while the top three sectors wit the highest net foreign outflows were Consumer Products &
Services (-RM112.1m), Transport & Logistics (-RM48.9m) and Energy (-RM20.6m).
As opposed to foreign investors, local institutions continued to net sell for the fifth consecutive week, disposing -RM457.2m of equities. They net bought RM7.5m on Monday but net sold from Tuesday to Friday.
They net sold -RM152.7m on Tuesday, -RM123.2m on Wednesday, -RM45.2m on Thursday and -RM143.7m on Friday.
After seven weeks of net selling, local retailers net bought RM210.9m on Bursa Malaysia last week, net buying every day
of the week, something last seen since early Jan-23. They net bought RM62.5m on Monday, RM38.4m on Tuesday, RM63.3m on Wednesday, RM14.6m on Thursday and RM32.2m on Friday.
In terms of participation, there were increases in average daily trading volume (ADTV) across the board among local retailers
(+4.5%), local institutions (+7.7%), and foreign investors (+110.2%).
