AFTER seven weeks of net outflow, foreign investors turned net buyers for the week ended Aug 13, which saw marginal inflow amounting to RM14.07 mil.
As the market re-opened last Monday (Aug 9), foreign investors were net sellers amounting to -RM21.96 mil while local institutions sold -RM43.91 mil net of local equities with retailers as net buyers to the tune of RM65.87 mil.
“Foreign investors were net sellers two days of the week with their largest outflow recorded on Thursday (Aug 12) to the tune of -RM25.90 mil,” observed wMIDF Research in its latest weekly fund flow report. “Wednesday (Aug 11) and Friday (Aug 13) saw foreigners as net buyers at RM30.58 mil and RM31.35 mil respectively.”
Meanwhile, retailer investors were net buyers for half of the week with their largest net buying recorded on Monday (Aug 9) at RM65.87 mil. Cumulatively, retailers net bought RM78.96 mil worth of equities in Bursa Malaysia during the week.
On the other hand, local institutions recorded cumulative weekly net selling to the tune of RM93.04 mil. They were net sellers on Monday (Aug 9), Wednesday (Aug 11), and Friday (Aug 13) with the largest net selling on Friday to the tune of RM62.31 mil.
Since the beginning of 2021, retailers have cumulatively been the only net buyers on Bursa Malaysia to the tune of RM9.38 bil while local institutions and foreign investors were net sellers amounting to -RM3.40 bil and -RM5.98 bil respectively.
In terms of participation, retail investors, local institutions and foreign investors recorded a weekly movement of -1.64%, -0.19% and -15.87% respectively in average daily trade value (ADTV).
In comparison with another three Southeast Asian markets tracked by MIDF Research last week, the Philippines posted an inflow of US$12.43 mil followed by Malaysia (US$3.3 mil) while Thailand posted the biggest outflow at US$96.54 mil followed by the Philippines (US$12.43 mil).
The top three stocks with the highest net money inflow last week were Hong Leong Bank Bhd (RM2.56 mil), IHH Healthcare Bhd (RM2.4 mil) and Heineken Malaysia Bhd (RM1.44 mil). – Aug 16, 2021
