FOREIGN investors posted a net inflow on Bursa Malaysia during the April 21-25 trading week to reverse a 26-week selling streak with net purchases of RM332.3 mil – the first week of net foreign inflows since October 2024.
Foreign investors were net buyers on every trading session except for Monday (April 21) and Tuesday (April 22) which saw a net outflows of -RM101.1 mil and -RM105.4 mil respectively, according to MIDF Research.
“The net buying ranged between RM125.9 mil and RM267.2 mil,” observed the research house in its weekly fund flow report.
The three sectors that recorded net foreign inflows were financial services (RM197.1 mil), telco & media (RM60.8 mil) and industrial products and services (RM48.8 mil).
Meanwhile, the top three sectors that recorded the highest net foreign outflows were energy (-RM16.0 mi), plantation (-RM16.0 mil) and healthcare (-RM13.3 mil).
On the contrary, local institutions suffered a reversal of fortunes last week by turning net sellers to end their 26 straight weeks of buying activity with outflows amounting to -RM267.4 mil.
This was the first week of net selling by local institutions since October 2024.
Likewise, local retail investors extended their trend of net selling to two-weeks with an outflow of -RM64.9 mil which was 2.5 times more than the previous week’s outflow.
The average daily trading volume (ADTV) saw a broad-based increase with the exception of foreign investors. Local institutions and local retailers posted an increase of +23.8% and +2.2% respectively while foreign investors saw a decline of -6.9%.
In comparison with another four Southeast Asian markets tracked by MIDF Research, only Vietnam (besides Malaysia) posted net buying activity last week with US$21.8 mil in inflows to reverse an 11-week losing streak.
In contrast, Thailand recorded the highest net outflow with -US$267.5 mil, its ninth straight week of foreign selling while Indonesia posted a third successive week of net outflow with -US$68.5 mil which was nearly 19 times lower than that of the previous week.
The Philippines saw the lowest withdrawals to end its single-week streak of inflows with foreign funds turning net sellers with a modest outflow of -US$3.1 mil.
The top three stocks with the highest net money inflow from foreign investors last week were CIMB Group Holdings Bhd (RM273.0 mil), Tenaga Nasional Bhd (RM59.3 mil) and Telekom Malayasia Bhd (RM54.2 mil). – April 28, 2025
