FOREIGN investors extended their net selling streak on the local bourse to a third successive week during the Deepavali-shortened Oct 21-24 trading week with a modest net outflow of -RM14.6 mil which is significantly lower than the prior week’s net outflow of -RM962.8 mil.
They were net sellers on two out of four trading days with Wednesday (Oct 22) posting the highest net selling activity at -RM73.3 mil, followed by Tuesday (Oct 21) at -RM68.9 mil, according to MBSB Research (formerly MIDF Research).
“Both Thursday (Oct 23) and Friday (Oct 24) saw net foreign buying activity of RM97.5 mil and RM30.1 mil recorded respectively,” observed the research house in its weekly fund flow report.
The top three sectors with net foreign inflows last week were consumer products & services (RM195.7 mil), industrial products & services (RM83.0 mil) and technology (RM66.9 mil).
The top three sectors that recorded net foreign outflows were healthcare (-RM200.7 mil), financial services (-RM142.7 mil) and telecommunication & media (-RM52.4 mil).
On the contrary, local institutions extended their net purchase streak to a third week with inflows of RM111.1 mil.
However, local retailers extended their net selling streak to a seventh week in a row with a net outflow of -RM96.5 mil which was 3.7x smaller than the prior week’s outflow of -RM357.4 mil.
The average daily trading volume (ADTV) experienced a broad-based decrease last week. Local retailers and local institutions recorded declines of -26.3% and -18.8% respectively while foreign investors saw a decrease of -25.1%.
In comparison with another four Southeast Asian markets tracked by MBSB Research, Indonesia extended its net buying streak to a third week running by registering the highest inflow among the markets monitored by MBSB Research with foreign purchases of US$254.7 mil.
Foreign funds also turned buyers in Thailand last week to end their six consecutive weeks of net selling streak with inflows amounting to US$237.4 mil.
But Vietnam extended its net selling streak to a 14th week with an outflow of -USD166.7 mil – its longest since July 2024 – while the Philippines saw its streak of net foreign withdrawal stretched to a fourth straight week with a modest outflow of -US$10.8 mil.
The top three stocks with the highest net money inflow from foreign investors last week were Genting Malaysia Bhd (RM117.4 mil), 99 Speed Mart Retail Holding Bhd (RM106.4 mil) and SD Guthrie Bhd (RM55.5 mil). – Oct 27, 2025
