FOREIGN investors extended their selling streak on Bursa Malaysia to a third week in a row with a humongous -RM2.53 bil in net outflows during the Hari Raya Korban-shortened trading period of May 25-29 after the prior week’s equally massive –RM912.6 mil in net foreign outflows.
They were net sellers on four out of four trading days during the week with the largest outflow recorded on Friday (May 29) (-RM1.63 bil), according to MBSB Research (formerly MIDF Research).
“This was followed by Thursday (May 28) (-RM397.3 mil), Tuesday (May 26) (-RM371.9 mil) and Monday (May 25) (-RM128.8 mil),” observed the research house in its weekly fund flow report.
The only three sectors that recorded net inflows by foreign investors were technology (RM64.0 mil), industrial products & services (RM40.7 mil) and transportation & logistics (RM19.5 mil).
Meanwhile, the top three sectors that recorded net outflows by foreign institutions were consumer products & services (-RM881.9 mil), financial services (-RM662.3 mil) and utilities (-RM541.6 mil).
On the contrary, local institutions extended their net buying streak to a seventh successive week with net inflows of RM2.12 bil.
Likewise, retailers extended their net buying streak to a third consecutive week with net inflows of RM410.6 mil.
The average daily trading volume (ADTV) saw a broad-based increase: retailers by -1.0%, local institutions by +20.0% while foreign institutions saw a spike of +171.1%.
In comparison with another four Southeast Asian markets tracked by MBSB Research, all posted net foreign outflows led by Indonesia which extended its selling streak to a third consecutive net week with net foreign outflows totalling -US$693.6 mil.
This was amid a growing policy uncertainty after President Prabowo Subianto announced plans to channel exports of key commodities, including coal, palm oil and ferroalloys through state-owned firm Danantara Sumberdaya Indonesia.
Vietnam saw foreign investors extended their exit to an 11th straight week with -US$164.6 mil in net foreign outflows despite its strengthening cooperation with Thailand to deepen collaboration in security, defence, technology sharing and green energy.
Elsewhere, the Philippines extended its net selling streak to a second successive week with outflow amounting to -US$133.7 mil and likewise Thailand with net outflow of -US$16.8 mil.
The top three stocks with the highest net money inflow from foreign investors last week were Kelington Group Bhd (RM51.1 mil), RHB Bank Bhd (RM50.1 mil) and Westports Holdings Bhd (RM39.8 mil). – June 3, 2026
