Latest news with #RM387.4
Focus Malaysia
5 days ago
- Business
- Focus Malaysia
Foreign funds extend net selling streak on Bursa to a 4th successive week with RM444.4m
FOREIGN investors continued their streak of net outflows on Bursa Malaysia during the June 9-13 trading week by extending their stock disposal trend to a fourth week with a net outflow of -RM444.4 mil which was slightly higher than the previous week's outflow of -RM387.4 mil. They were net sellers on every trading session except Wednesday (June 11) with outflows ranging from -RM34.6 mil to -RM211.6 mil, according to MIDF Research. 'The largest outflow was recorded on Friday (June 13) followed by Thursday (June 12) with -RM127.4 mil while Wednesday (June 11) recorded a net inflow of RM10.1 mil,' observed the research house in its weekly fund flow report. The three sectors that recorded the highest net foreign inflows were industrial products & services (RM19.4 mil), transportation (RM17.3 mil) and REITs (RM8.2 mil). The top three sectors with the highest net foreign outflows were financial services (-RM305.2 mil), healthcare (-RM51.7 mil) and property (-RM36.8 mil). On the contrary, local institutions continued their buying activities by extending their buying streak to o a fourth week with net inflows amounting to RM620.6 mil. However, local retailers did the opposite by extending their selling streak to two weeks with a net outflow of -RM176.2 mil or three times higher than the previous week's net selling of -RM57.3 mil. The average daily trading volume (ADTV) saw a broad-based incline last week with the exception of foreign investors. Local institutions and local retailers saw an increase of +12.6% and +14.6% respectively while foreign investors saw a plunge of -8.4%. In comparison with another four Southeast Asian markets tracked by MIDF Research, Indonesia raked in the highest net inflow at US$50.9 mil to snap its single-week outflow streak. Elsewhere, Thailand posted a modest net inflow of US$18.1 mil to end its three-week foreign selling streak while Vietnam posted US$13.8 mil in inflows to reverse four straight weeks of foreign withdrawals. The Philippines was the only SEA country (apart from Malaysia) to record a net outflow last week with -US$2.1 mil to reverse a single-week streak of foreign purchases. The top three stocks with the highest net money inflow from foreign investors last week were Sunway Construction Group Bhd (RM68.5 mil), Genting Malaysia Bhd (RM45.2 mil) and My E.G. Services Bhd (RM33.0 mil), – June 16, 2025
New Straits Times
5 days ago
- Business
- New Straits Times
Foreign investors continue to exit Bursa Malaysia for fourth week
KUALA LUMPUR: Foreign investors continued to withdraw funds from Bursa Malaysia for the fourth consecutive week, according to MIDF Research. The research house reported a net outflow of RM444.4 million, which was slightly higher than the RM387.4 million withdrawn in the previous week. "Foreign investors were net sellers on every trading day except Wednesday, with outflows ranging from RM34.6 million to RM211.6 million," MIDF Research said in its weekly fund flow report on Monday. "The largest outflow was recorded on Friday, followed by Thursday with RM127.4 million. Wednesday recorded a net inflow of RM10.1 million." MIDF Research noted that the top three sectors with net foreign inflows were industrial products and services (RM19.4 million), transportation (RM17.3 million), and real estate investment trusts (RM8.2 million). Foreign investors pulled the most funds from financial services (RM305.2 million), followed by healthcare (RM51.7 million) and property (RM36.8 million). Local institutions continued their buying activities, extending their streak to four weeks with net inflows totalling RM620.6 million. Meanwhile, local retailers extended their outflow streak to two weeks, recording a net outflow of RM176.2 million, which was about three times higher than the previous week's net selling of RM57.3 million. "The average daily trading volume saw a broad-based increase last week, with the exception of foreign investors," it added. "Local institutions and local retailers saw an increase of 12.6 per cent and 14.6 per cent respectively, while foreign investors saw a plunge of 8.4 per cent."
Focus Malaysia
09-06-2025
- 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
Malaysian Reserve
09-06-2025
- 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
New Straits Times
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.
