FOREIGN investors extended their selling streak on Bursa Malaysia to the 25th successive week with a net outflow of -RM1.97 bil in the April 7-11 trading week – the highest weekly net outflow in 2025 – amid massive sell-offs emanating from imposition of the US reciprocal tariffs (previous week: -RM426.6 mil).
They were net sellers on every trading session except for Thursday (April 10) when they posted a net inflow of RM114.7 mil, according to MIDF Research.
“Monday (April 7) witnessed the heaviest outflow at -RM1.06 bil while net outflows on other days ranged from -RM117.7 mil to -RM511.6 mil,” observed the research house in its weekly fund flow report.
Only two sectors that recorded net foreign inflows during the entire week, namely consumer products & services (RM5.3 mil) and telco & media (RM4.4 mil).
The top three sectors with the highest net foreign outflows were financial services (-RM1.36 bil), utilities (-RM136.5 mil) and construction (-RM107.9 mil).
On the contrary, local institutions continued to provide a buffer against foreign selling by posting their 25th straight week of net buying with net inflows amounting to RM1.93 bil.
They were joined by local retail investors whose net buying streak continued for a second week with RM43.7 mil.
The average daily trading volume (ADTV) saw a broad-based increase. Foreign investors, local institutions and local retailers saw an increase of +54.7%, +120.9% and +87.5% respectively.
In comparison with another four Southeast Asian markets tracked by MIDF Research, Indonesia which resumed its stock market trading after a one-week trading break following the Hari Raya Aidilfitri festivity incurred a net foreign outflow of -US$350.1 mil.
Elsewhere, the Philippines extended its foreign withdrawal streak to the third week with -US$65.0 mil in net outflow.
Thailand experienced a similar trend with a net foreign selling that stretched into seventh week in a row totalling -US$64.8 mil while Vietnam recorded net foreign withdrawal for the 10th consecutive week amounting to -US$51.1 mil.
The top three stocks with the highest net money inflow from foreign investors last week were My E.G. Services Bhd (RM67.8 mil), Hartalega Holdings Bhd (RM46.0 mil) and Eco World Development Group Bhd (RM28.3 mil). – April 14, 2025
