19-05-2025
- Business
- New Straits Times
Foreign investors pump RM1.68bil into Bursa Malaysia, highest in four weeks
KUALA LUMPUR: Foreign investors continued their streak of net inflows on Bursa Malaysia, extending to a four-week buying streak, recording a net inflow of RM1.68 billion, a surge nearly fourfold compared to the RM422.6 million recorded the previous week, MIDF Amanah Investment Bank Bhd reported.
In its weekly fund flow report for the period ending May 16, MIDF noted that foreign investors were net buyers across all five trading days.
"Daily net inflows ranged from RM185.6 million to RM797.4 million, with the highest net inflow recorded on Monday, followed by Tuesday at RM488.4 million.
"The three sectors recording the highest net foreign inflows were financial services at RM797.2 million, followed by utilities at RM218.6 million, and telecommunications and media at RM179.7 million," it said.
Meanwhile, the only two sectors that recorded net foreign outflows were energy at RM56.3 million and real estate investment trusts at RM3.7 million.
Despite the strong foreign buying trend, local institutional investors continued their net selling streak for the fourth straight week, with total outflows of RM1.35 billion, a significant 3.5 times higher than the RM397.8 million outflow in the previous week.
"Local retail investors extended their trend of net selling to the fifth week, with outflows increasing 13 times to RM330.2 million compared to RM24.8 million the week before.
"The average daily trading volume saw a broad-based increase last week. Local institutions and retailers saw an increase of 50.9 per cent and 31.8 per cent, respectively, while foreign investors saw a rise of 42.6 per cent," it said.
