FOREIGN investors continued their streak of net inflows on Bursa Malaysia for the Labour Day-shortened April 28-May 2 trading week by extending their buying streak to two weeks with a net inflow of RM853.8 mil to mark the first consecutive weeks of net foreign inflows since September 2024.
This was 61% more than the RM332.3 mil recorded in the previous week.
Foreign investors were net buyers on every trading day with purchases ranging between RM50.7 mil and RM340.8 mil with Friday (May 2) recorded the highest net foreign inflow, according to MIDF Research.
“The three sectors with the highest net foreign inflows were financial services (RM567.4 mil), healthcare (RM124.8 mil) and industrial products & services (RM107.9 mil),” observed the research house in its weekly fund flow report.
“The only two sectors that recorded net foreign outflows were energy (-RM31.9 mil) and plantation (-RM6.0 mil).”
On the reverse, local institutions also extended their streak of net selling to two consecutive weeks with outflows amounting to -RM692.6 mil. This was the second successive week of net selling by local institutions since August 2024.
Likewise, local retail investors also extended their trend of net selling to three weeks with an outflow of -RM161.2 mil, almost 2.5-time more than the previous week’s outflow.
The average daily trading volume (ADTV) saw a broad-based increase last week. Local institutions and local retailers saw an increase of +8.7% and +5.7% respectively while foreign investors saw an increase of +26.0%.
In comparison with another four Southeast Asian markets tracked by MIDF Research, foreign investors returned as net buyers in Thailand last week by posting a modest inflow of US$44.4 mil to end a nine-week streak of foreign selling.
The Philippines saw modest buying sentiment last week to end its single-week streak of outflow with a net inflow amounting to US$38.5 mil while Indonesia posted a net inflow of US$7.33 mil to reverse a three-week selling trend.
However, foreign investors returned to selling in Vietnam last week to end their single-week streak of foreign purchases with a net outflow of -US$9.78 mil.
The top three stocks with the highest net money inflow from foreign investors last week were Malayan Banking Bhd (RM221.4 mil), CIMB Group Holdings Bhd (RM185. mil) and Tenaga Nasional Bhd (RM116.9 mil). – May 5, 2025
