Latest news with #RM378.1
The Star
5 days ago
- Business
- The Star
Local retailers extend buying streak, records net equity inflow of RM114.4mil
KUALA LUMPUR: Malaysian retailers continued their net buying activities on Bursa Malaysia for the fourth consecutive week last week, posting a net equity inflow of RM114.4 million, according to MBSB Investment Bank Bhd (MBSB IB). In its weekly Fund Flow Report, the investment bank said local institutions also ended their two-week net selling streak and turned net buyers last week, registering a net purchase of RM263.7 million. Meanwhile, it noted that foreign investors continued to net sell for four consecutive weeks, recording a net equity outflow of RM378.1 million, representing 4.2 times higher than the previous week's outflow of RM89.9 million. "Foreign investors were net sellers on every trading day, with outflows ranging from RM13.2 million to RM142.2 million. "The largest outflow was recorded on Tuesday, followed by Monday with RM103.3 million, Thursday with (-RM85.0 million) and Wednesday (-RM34.4 million), while Friday recorded the smallest outflow," it said. According to MBSB IB, the top three sectors that recorded the highest net foreign inflows were construction (RM107.4 million), transportation and logistics (RM93.9 million) and REITs (RM12.1 million). Additionally, the top three sectors that recorded the highest net foreign outflows were financial services (-RM245.8 million), healthcare (-RM154.1 million) and utilities (-RM114.2 million). The investment bank said the average daily trading volume experienced a broad-based increase last week, with foreign investors and local retailers recording a 14.9 per cent and 2.8 per cent rise, respectively, while local institutions saw a decline of 5.0 per cent. - Bernama
New Straits Times
5 days ago
- Business
- New Straits Times
Foreign funds exit Bursa for fourth straight week
KUALA LUMPUR: Foreign investors extended their net selling streak on Bursa Malaysia to a fourth consecutive week, according to MBSB Research. The research house said foreign investors have registered a net outflow of RM378.1 million, 4.2 times higher than previous week outflow of RM89.9 million. "Foreign investors were net sellers on every trading day, with outflows ranging from RM13.2 million to RM142.2 million. "The largest outflow was recorded on Tuesday, followed by Monday with RM103.3 million, Thursday with RM85.0 million and Wednesday with RM34.4 million, while Friday recorded the smallest outflow," it said in its fund flow report. MBSB Research said the top three sectors that recorded the highest net foreign inflows were construction (RM107.4 million ), transportation and logistics (RM93.9 million) and real estate investment trusts or REITs (RM12.1 million). Meanwhile, it said the top three sectors that recorded the highest net foreign outflows were financial services (RM245.8 million), healthcare (RM154.1 million) and utilities (RM114.2 million). On local institutions, MBSB Research said they ended their two-week net selling streak turning to net buyers last week, registering purchases of RM263.7 million. As for local retailers, the firm said they continued their net buying activities, extending to a four-week consecutive streak of purchases, posting a net inflow of RM114.4 million. "The average daily trading volume experienced a broad-based incline last week. Foreign investors and local retailers recorded an increase of 14.9 per cent and 2.8 per cent respectively, while local institutions saw a decline of 5.0 per cent," it added.
Focus Malaysia
5 days ago
- Business
- Focus Malaysia
Foreign funds exit from Bursa extends to 4th straight week with net outflow surging 4x to RM380m
FOREIGN investors extended their net selling streak to four consecutive weeks by posting a net outflow of -RM378.1 mil during the July 28-Aug 1 trading period or 4.2 times higher than the previous week's -RM89.9 mil. They were net sellers on every trading session with outflows ranging from -RM13.2 mil to -RM142.2 mil, according to MBSB Research (formerly MIDF Research). 'The largest outflow was recorded on Tuesday (July 29) followed by Monday (July 28) with -RM103.3 mil, Thursday (July 31) (-RM85.0 mil) and Wednesday with (July 30) (-RM34.4 mil) while Friday (Aug 1) recorded the smallest outflow,' observed the research house in its weekly fund flow report. The top three sectors that recorded the highest net foreign inflows were construction (RM107.4 mil), transportation & logistics (RM93.9 mil) and REITs (RM12.1 mil). The top three sectors that recorded the highest net foreign outflows were financial services (-RM245.8 mil), healthcare (-RM154.1 mil) and utilities (-RM114.2 mil). On the contrary, local institutions ended their two-week net selling streak to turn net buyers last week with net purchases of RM263.7 mil. Likewise, local retailers extended their net buying activities to a fourth week with a net inflow of RM114.4 mil. The average daily trading volume (ADTV) experienced a broad-based incline last week. Foreign investors and local retailers recorded an increase of +14.9% and +2.8% respectively but local institutions saw a decline of -5.0%. In comparison with another four Southeast Asian markets tracked by MIDF Research, only Thailand attracted a net inflow of US$54.9 mil to extend its streak of foreign buying to a fourth consecutive week. Elsewhere, Indonesia posted a net outflow of -US$142.4 mil for its seventh successive week of foreign selling while the Philippines posted a modest net outflow of -US$8.21 mil to break a single-week streak of inflows. Vietnam's net flow data was not available at the time of writing. The top three stocks with the highest net money inflow from foreign investors last week were Westports Holdings Bhd (RM103.3 mil), Gamuda Bhd (RM67.3 mil) and Axiata Group Bhd (RM26.0 mil). – Aug 4, 2025
