KUALA LUMPUR: After 26 weeks of net selling, foreign funds finally made their return to Bursa Malaysia with a net inflow of RM332.3mil.
The domestic market, which has been under selling pressure from offshore funds since October 2024, experienced an increase in foreign interest amid an uptick in risk sentiment.
According to MIDF Research, foreing investors turned net buyers in key Asian markets last week with a substantial net inflow of RM2.88bil after three consecutive weeks of outflows.
On Bursa Malaysia, the sectors that saw the highest net foreign inflows were financial services (RM197.1mil), telco and media (RM60.8mil) and industrial products and services (RM48.8mil).
The sectors that led net foreign outflows were energy (RM16mil), plantations (RM16mil) and healthcare (RM13.3mil).
Local institutions reacted to the changing tides, turning net sellers of RM267.4mil of local equities after 26 weeks of net buying.
Local retailer investors, meanwhile, were net sellers of RM64.8mil of local equities, extending the outflow to two weeks.
The average daily trading volume (ADTV) saw a broad-based increase with the exception of foreign investors. Local institutions and local retailers saw an increase of 23.8% and 2.2% respectively while foreign investors saw
a decline of 6.9%.
