logo
#

Latest news with #RM1.02

Selling by foreign funds on Bursa enters a second week, escalated past RM1b mark
Selling by foreign funds on Bursa enters a second week, escalated past RM1b mark

Focus Malaysia

time09-06-2025

  • Business
  • Focus Malaysia

Selling by foreign funds on Bursa enters a second week, escalated past RM1b mark

FOREIGN investors extended their streak of outflow on Bursa Malaysia to a second week for the May 26-30 trading period with a net withdrawal of RM1.02 bil which is nearly 2.6 times higher than the previous week's outflow of -RM392.3 mil. They were net sellers on every trading session with outflows ranging from -RM61.4 mil to -M456.7 mil, according to MIDF Research. 'The largest outflow was recorded on Friday (May 30) at RM456.7 mil followed by Thursday (May 29) with RM234.6 mil,' observed the research house in its weekly fund flow report. 'The three sectors that recorded the highest net foreign inflows were property (RM47.9 mil), construction (RM33.3 mil) and energy (RM5.2 mil).' Meanwhile, the top three sectors with the highest net foreign outflows were financial services (-RM565.8 mil), consumer products & services (-RM172.2 mil) and healthcare (-RM129.9 mil). On the contrary, local institutions continued with their two-week buying streak with net inflow amounting to RM876.5 mil which brings their YTD (year-to-date) net buying to RM8.78 bil. Meanwhile, local retailers also extended their trend of net buying to two weeks by posting a net inflow of RM142.6 mil. The average daily trading volume (ADTV) saw a broad-based incline last week. Local institutions and local retailers recorded marginal increases of +0.03% and +1.0% respectively but that of foreign investors rose exponentially by +45.6%. In comparison with another four Southeast Asian markets tracked by MIDF Research, only Indonesia recorded its third consecutive week of net of net inflow at US$90.6 mil. However, the Philippines extended its selling streak to three successive weeks with a foreign withdrawal of -US$266.3 mil last week, followed closely behind by Thailand with a net outflow of -US$137.6 mil to reverse a one week buying streak. Vietnam posted the smallest foreign withdrawals of the four regional markets at -US$104.3 mil last week to extend its net outflow to a second week in a row. The top three stocks with the highest net money inflow from foreign investors last week were Sunway Construction Group Bhd (RM74.0 mil), Telekom Malaysia Bhd (RM58.0 mil).and Tenaga Nasional Bhd (RM53.0 mil). – June 3, 2025

Foreign funds extends their Bursa retreat to a 3rd week with smaller net outflow of RM390m
Foreign funds extends their Bursa retreat to a 3rd week with smaller net outflow of RM390m

Focus Malaysia

time09-06-2025

  • Business
  • Focus Malaysia

Foreign funds extends their Bursa retreat to a 3rd week with smaller net outflow of RM390m

FOREIGN investors extended their net selling streak on Bursa Malaysia to three weeks during the Agong's birthday-shortened trading week (June 3-6) with a net outflow of -RM387.4 mil which was smaller than the previous week's outflow of -RM1.02 bil. They were net sellers on every trading day with outflows ranging from -RM5.4 mil to -RM162.83 mil, according to MIDF Research. 'The largest outflow was recorded on Wednesday (June 4) at -RM162.8 mil followed by Tuesday (June 3) with -RM121.2 mil,' observed the research house in its weekly fund flow report. The top three sectors that recorded the highest net foreign inflows were telco & media (RM16.4 mil), technology (RM16.2 mil) and property (RM8.0 mil). On the contrary, the top three sectors that recorded the highest net foreign outflows were financial services (-RM193.1 mil), healthcare (-RM130.9 mil) and plantation (-RM40.4 mil). However, local institutions continued their buying activities by extending their buying streak to a third week with net inflows amounting to RM444.6 mil. Local retailers, meanwhile, reversed their two-week buying streak with an outflow of -RM57.3 mil. The average daily trading volume (ADTV) saw a broad-based decline last week. Local institutions and local retailers saw a decrease of -8.1% and -15.8% respectively while foreign investors posted a plunge of -29.1%. In comparison with another four Southeast Asian markets tracked by MIDF Research, only the Philippines recorded an inflow of US$9.8 mil to reverse its three consecutive weeks of foreign outflows. Elsewhere, Indonesia posted a net outflow of -US$288.4 mil to snap its three-week inflow streak while Vietnam posted a fourth straight week of foreign withdrawals with -US$80.4 mil in outflows. Thailand posted the smallest net outflow at -US$72.7 mil to extend its foreign selling streak to three weeks. The top three stocks with the highest net money inflow from foreign investors last week were Sunway Construction Group Bhd (RM76.4 mil), CIMB Group Holdings Bhd (RM55.8 mil) and My E.G. Services Bhd (RM55.4 mil), – June 9, 2025

Public Bank, Gamuda top foreign investor net outflow list
Public Bank, Gamuda top foreign investor net outflow list

Malaysian Reserve

time09-06-2025

  • Business
  • Malaysian Reserve

Public Bank, Gamuda top foreign investor net outflow list

FOREIGN investors continued their streak of net outflows on Bursa Malaysia, extending it to a three-week selling trend, with Public Bank Bhd, Gamuda Bhd and KPJ Healthcare Bhd topping the list. The foreign investors recorded a net outflow of RM387.4 million, smaller than the previous week's outflow of RM1.02 billion, according to a report released by MIDF Research today. On the flip side, the counters that were net bought by foreign investors for the week ended June 6 were Sunway Construction Group Bhd, CIMB Group Holdings Bhd and My EG Services Bhd. –TMR

Foreign sell-off continues, locals boost buying on Bursa
Foreign sell-off continues, locals boost buying on Bursa

New Straits Times

time09-06-2025

  • Business
  • New Straits Times

Foreign sell-off continues, locals boost buying on Bursa

KUALA LUMPUR: Foreign investors continued their net selling streak on Bursa Malaysia for the third consecutive week, posting a net outflow of RM387.4 million last week, according to MIDF Research. Although still significant, the outflow was lower than the RM1.02 billion recorded in the previous week. MIDF noted that foreign investors were net sellers on every trading day, with outflows ranging from RM5.4 million to RM162.83 million. The largest outflow was recorded on Wednesday at RM162.8 million, followed by Tuesday with RM121.2 million. The top three sectors that recorded the highest net foreign inflows were telecommunication and media (RM16.4 million), technology (RM16.2 million) and property (RM8.0 million). Meanwhile, the top three sectors that recorded the highest net foreign outflows were financial services (RM193.1 million), healthcare (RM130.9 million) and plantations (RM40.4 million). Conversely, local institutions continued their buying activities, extending their three-week buying streak with net inflows amounting to RM444.6 million. Meanwhile, local retailers reversed their two-week buying streak, recording an outflow of RM57.3 million. The average daily trading volume (ADTV) saw a broad-based decline last week. Local institutions and local retailers saw a decrease of 8.1 per cent and 15.8 per cent, respectively, while foreign investors saw a plunge of 29.1 per cent.

Bursa Malaysia ends morning session in positive territory
Bursa Malaysia ends morning session in positive territory

The Star

time05-06-2025

  • Business
  • The Star

Bursa Malaysia ends morning session in positive territory

KUALA LUMPUR: Bursa Malaysia ended the morning trading session in positive territory, supported by continued bargain hunting in most heavyweights particularly in the utilities and consumer products and services sectors. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 0.41 per cent, or 6.28 points, to 1,514.25 from Wednesday's close of 1,507.97. The benchmark index opened 2.73 points higher at 1,510.70, and moved between 1,509.25 and 1,515.90 throughout the morning session. Market breadth was favourable with gainers leading decliners 490 to 311, while 425 counters were unchanged, 1,130 untraded, and 20 suspended. Turnover stood at 1.42 billion units valued at RM1.02 billion. Maybank Investment Bank (Maybank IB) in a note said the construction sector is expected to remain in focus as it continues its current uptrend. Similarly, the real estate investment trust (REIT) sector remains resilient despite some profit-taking observed yesterday. "Technically, we expect the benchmark index to range between 1,495 and 1,515 points today, with support levels remaining at 1,500 and 1,440,' said the investment bank. Among the heavyweights, YTL Corporation perked up 13 sen to RM2.01, YTL Power International increased 21 sen to RM3.50, Petronas Chemicals garnered 11 sen to RM3.35, MR DIY rose 5.0 sen to RM1.60, and Sime Darby increased 3.0 sen to RM1.73. Among the most active stocks, ACE Market debutant Signature Alliance Group surged 8.0 sen to 70 sen, NexG eased half-a-sen to 37.5 sen, MYEG put on 2.0 sen to 92 sen, Tanco was 1.0 sen better at 99.5 sen, and Gamuda added 4.0 sen to RM4.70. On the index board, the FBM Emas Index climbed 52.10 points to 11,335.17, the FBMT 100 Index garnered 50.57 points to 11,103.52, and the FBM ACE Index increased 1.76 points to 4,481.41. The FBM Emas Shariah Index surged 75.35 points to 11,317.01 and the FBM 70 Index advanced jumped 91.89 points to 16,260.88. Sector-wise, the Financial Services Index fell 70.90 points to 17,689.95, the Industrial Products and Services Index was up 1.29 points to 151.39, the Plantation Index gained 18.00 points to 7,221.67, and the Energy Index shed 0.57 of-a-point to 701.89. - Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store