FOREIGN investors turned net buyers on Bursa Malaysia in the second trading week of 2022 with an inflow amounting to RM397.85 mil for the week ended Jan 14.
As market reopened on Monday (Jan 10) last week, foreign investors and retailers bought RM36.82 mil and RM5.41 mil net of local equities respectively while local institutions were net sellers to the tune of -RM42.23 mil.
“Foreign funds were net buyers during every session of the week,” observed MIDF Research in its weekly fund flow report. “The largest foreign inflow was recorded on Tuesday (Jan 11) at RM171.58 mil with the smallest inflow on Friday (Jan 14) at only RM530,000.”
Local institutions were active sellers last week. Their largest net outflow was on Tuesday (Jan 11) and smallest on Monday (Jan 10) to the tune of -RM167.65 mil and -RM42.23 mil respectively
It was the opposite for retailers. They were net buyers except on Tuesday (Jan 11) with an outflow of -RM3.92 mil. Their largest net buying was recorded on Friday (Jan 14) at RM113.64 mil while their smallest net buying was on Wednesday (Jan 13) at -RM3.60 mil.
On the overall, the second week of 2022 saw retailers and foreign investors finished strong as net buyers at RM132.79m and RM397.85 mil respectively. Meanwhile, local institutions were net sellers amounting to -RM530.64 mil.
In terms of participation, retail investors, local institutions and foreign investors recorded a weekly movement of 18.39%, 41.52% and 39.54% respectively in average daily trade value (ADTV).
In comparison with another three Southeast Asian markets tracked by MIDF Research last week, Indonesia posted the most inflow at US$179.98 mil followed by Thailand (US$158.01 mil), Malaysia (US$90.10 mil) and the Philippines (US$1.16 mil).
The top three stocks with the highest net money inflow last week were Hong Leong Bank Bhd (RM4.75 mil), Malayan Banking Bhd (Maybank) (RM4.35 mil) and IHH Healthcare Bhd. – Jan 17, 2022
