The foreign investors’ buying spree on Bursa Malaysia halted last week after they net sold –RM503.1m worth of equities, the
strongest net selling amount seen in 19 weeks.
They net bought RM189.7m on Tuesday but were net sellers for the rest of the week, with the highest net selling amount
of –RM268.3m on Wednesday. The sectors with the highest net foreign inflows were Utilities (RM274.0m), Transportation (RM61.4m) and Telecommunications & Media (RM31.2m) while sectors with the highest net foreign outflows were Financial Services (-RM515.9m), Industrial Products & Services (-RM107.6m), and Plantation (-RM76.1m).
As opposed to foreign investors, local institutions net bought RM443.5m after five straight weeks of net selling. Local retailers also net bought last week, totalling RM59.6m, after net selling for three consecutive weeks.
In terms of participation, there were increases in average daily trading volume (ADTV) across all investor classes. Local
retailers saw an increase of +14.0% while local institutions and foreign investors saw increases of +13.1% and +109.8%
respectively
