Bursa bucks Jakarta, Bangkok, Manila with foreign funds outflows doubling to RM156.4m

FOREIGN investors extended their net selling streak to a second consecutive week with outflows having escalated to -RM156.4 mil from -RM65.7 mil the prior week.

They were net sellers on three out of five trading days during the week with the largest outflow recorded on Friday (Feb 27) (-RM108.1 mil), according to MBSB Research (formerly MIDF Research).

“This was followed by Thursday (Feb 26) (-RM83.7 mil) and Monday (Feb 23) (-RM11.6 mil),” observed the research house in its weekly fund flow report.

“The largest inflows were recorded on Tuesday (Feb 24) (RM26.8 mil) and Wednesday (Feb 25) (RM20.1 mil).”

The top three sectors that recorded net foreign inflows were healthcare (RM74.7 mil), transportation & logistics (RM53.7 mil) and property (RM51.3 mil).

Meanwhile, the top three sectors with net foreign outflows were financial services (-RM175.4 mil), telecommunication & media (-RM90.5 mil) and industrial products & services (-RM53.3 mil).

Local institutions extended their net selling to a fourth consecutive week with a net outflow of -RM85.1 mil

On the contrary, local retailers extended their streak of net buying to a second week in a row with inflows of RM241.5 mil.

The average daily trading volume (ADTV) saw a broad-based incline: local retailers by +28.2%, local institutions by +56.4% and foreign investors by +94.8%.

In comparison with another four Southeast Asian markets tracked by MBSB Research, foreign funds extended their net buying activities in Indonesia to a second straight week with inflows valued at US$292.2 mil.

This was possible despite January’s fiscal data which showed government spending having surged +25.7% year-on-year (yoy) to 227.3 tril rupiah largely due to expansion of President Prabowo’s free meals programme.

The Philippines extended its net foreign inflow to a ninth consecutive week with US$88.1 mil while Thailand stretched its foreign net buying streak to seven successive weeks with US$44.7 mil as the Bank of Thailand (BOT) slashed its benchmark interest rate by 25bps to 1.00% in February 2026.

However, Vietnam returned to net selling with outflows amounting to -US$181.6 mil.

The top three stocks with the highest net money inflow from foreign investors last week were Sunway Construction Group Bhd (RM119.7 mil), Tenaga Nasional Bhd (RM103.9 mil) and Sime Darby Bhd (RM95.4 mil). – March 2, 2026

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