No respite from massive capital flight by foreign funds on Bursa despite only a 3-day trading week

FOREIGN investors extended their net selling on Bursa Malaysia to a fourth consecutive week with -RM1.05 bil in net outflows during the June 3-5 trading week after the prior week’s humongous -RM2.53 bil in net outflows.

They were net sellers on all three trading days during a week shortened by the Yang di-Pertuan Agong’s birthday and Wesak Day public holidays, according to MBSB Research (formerly MIDF Research).

“The largest outflow was recorded on Wednesday (June 3) (-RM454.3 mil), followed by Thursday (June 4) (-RM367.4 mil) and Friday (June 5) (-RM225.8 mil),” observed the research house in its weekly fund flow report.

The only three sectors that recorded net inflows by foreign institutions were energy (RM18.1 mil), transportation & logistics (RM12.9 mil) and technology (RM8.8 mil).

Meanwhile, the top three sectors that recorded net outflows by foreign institutions were financial services (-RM312.5 mil), utilities (-RM125.0 mil) and consumer products & services (-RM121.8 mil).

On the contrary, local institutions extended their net buying streak to an eighth straight week with inflows of RM773.6 mil.

Likewise, retailers had their buying streak stretched to a fourth week with net inflows of RM274.0 mil.

The average daily trading volume (ADTV) saw a broad-based retreat: retailers by -6.1%, local institutions by -21.7% while foreign institutions posted a decline of -46.4%.

In comparison with another four Southeast Asian markets tracked by MBSB Research, only Thailand managed to end its two-week streak of net selling with foreign inflows of US$176.7 mil.

This came on the back of inflation remained contained within its central bank’s target range with headline CPI (consumer price index) easing slightly to +2.8% year-on-year (yoy) in May 2026 (Apil 2026: +2.9%), thus defying expectations of a sharper acceleration.

However, Indonesia extended its net selling streak to a fourth successive week with foreign outflows totalling -US$409.9 mil amid rising inflationary pressures with its CPI accelerating to +3.1% yoy in May 2026 (April 2026: +2.4%), the highest level in eight months,

Elsewhere, Vietnam saw a 12th straight week of net foreign outflows at -US$278.6 mil while the Philippines extended its net selling streak by foreign funds to a third week in a row with outflows amounting to-US$13.8 mil.

The top three stocks with the highest net money inflow from foreign investors last week were RHB Bank Bhd (RM144.7 mil), Public Bank Bhd (RM58.0 mil) and Westports Holdings Bhd (RM29.9 mil). –  June 8, 2026

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