Foreign institutions extended their net selling streak on Bursa Malaysia to three consecutive weeks, recording net outflows of RM549.1 million during the latest week, according to Kenanga Research.
Foreign investors were net sellers on all five trading days, with the largest outflow recorded on Monday at RM190.5 million, followed by RM188.3 million on Tuesday, RM124.7 million on Wednesday, RM34.9 million on Thursday and RM10.8 million on Friday.
Utilities led foreign fund inflows with RM141.8 million, followed by Transportation & Logistics at RM56.6 million and Healthcare at RM31.8 million.
On the other hand, Financial Services recorded the largest net foreign outflow at RM420.1 million, followed by Technology at RM161 million and Consumer Products & Services at RM101.6 million.
Local institutions extended their net buying streak to four consecutive weeks, registering net inflows of RM591.1 million.
Retail investors, meanwhile, reverted to net selling after a week of net buying, recording net outflows of RM42 million.
Trading activity increased across all investor groups, with average daily trading volume rising 13.3% among retailers, 13.2% among local institutions and 3.2% among foreign institutions.
The latest fund-flow data points to continued foreign selling pressure, although stronger participation from domestic institutional and retail investors provided some offset to the outflows.
