09-06-2025
- 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.
