Capital flight on Bursa stretches to a 7th week with elevated outflow exceeding half a billion ringgit

FOREIGN investors extended their net selling spree on Bursa Malaysia to a seventh consecutive week with net outflow valued at -RM554.7 mil during the June 22-26 trading period – an increase of more than 50 times from the prior week’s -RM10.7 mil.

They were net sellers during every trading day last week with the biggest outflow having occurred on Tuesday (June 23) at -RM176.8 mil, according to MBSB Research (formerly MIDF Research).

“This was followed by Friday (June 26) (-RM171.5 mil), Thursday (June 25) (-RM99.5 mil), Wednesday (June 24) (RM77.4 mil) and Monday (June 22) (-RM29.5 mil),” observed the research house in its weekly fund flow report.

The top three sectors that recorded net inflows from foreign institutions were industrial products & services (RM69.8 mil), technology (RM19.9 mil) and utilities (RM19.4 mil).

Meanwhile, the three largest sectors with net outflows were financial services (-RM257.7 mil), consumer products & services (-RM98.9 mil) and construction (-RM93.5 mil).

On the contrary, local institutions extended their net buying streak to an 11th week in a row with inflow of RM191.6 mil.

Likewise, retailers returned to net buying after previous week’s net selling with inflow of RM363.2 mil.

The average daily trading volume (ADTV) saw a broad-based decline: retailers by -21.2%, local institutions (-28.4%) and foreign institutions (-33.7%).

In comparison with another four Southeast Asian markets tracked by MBSB Research, all recorded foreign outflows led by Thailand which stretched to a third straight week with net selling amounting to -US$306.2 mil.

This came as Thailand’s exports grew +10.6% year-on-year (yoy) to US$34.3 bil in May 2026 (April 2026: +23.1%), easing from the previous month’s strong expansion amid softer shipments to China.

Indonesia extended its net selling streak to seven successive weeks with net foreign outflows totalling -US$191.8 mil while the Philippines reverted to net foreign outflow amounting to US$35.17 mil after previous week’s net buying spell.

Elsewhere, Vietnam recorded its 15th consecutive week of net foreign outflows with net selling totalling -US$1.50 mil.

The top three stocks with the highest net money inflow from foreign investors last week were Public Bank Bhd (RM116.0 mil), Tenaga Nasional Bhd (RM53.8 mil) and Zetrix AI Bhd RM37.6 mil). –  June 29, 2026

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