Local Institutions Continue Buying With RM876.5 Mln Net Inflows Last Week - MIDF
KUALA LUMPUR, June 3 (Bernama) -- Local institutions continued their two-week buying streak on Bursa Malaysia with net inflows amounting to RM876.5 million, bringing their year-to-date net buying to RM8.78 billion.
MIDF Amanah Investment Bank Bhd, in its Fund Flow Report for the week ended May 30, 2025, said that local retailers also extended their trend of net buying to two weeks, recording a net inflow of RM142.6 million.
“The average daily trading volume saw a broad-based incline last week, with local institutions and local retailers seeing an increase of 0.03 per cent and 1.0 per cent, respectively, while foreign investors saw a rise of 45.6 per cent,” it said.
Meanwhile, the investment bank reported that foreign investors continued their streak of net outflows on Bursa Malaysia that extended to a two-week selling streak, recording a net withdrawal of RM1.02 billion, nearly 2.6 times higher than the previous week’s outflow of RM392.3 million.
It said the foreign investors were net sellers on every trading day, with outflows ranging from RM61.4 million to RM456.7 million. The largest outflow was recorded on Friday at RM456.7 million, followed by Thursday at RM234.6 million.
“The three sectors that recorded the highest net foreign inflows were property (RM47.9 million), construction (RM33.3 million), and energy (RM5.2 million).
“The top three sectors that recorded the highest net foreign outflows were financial services (RM565.8 million), consumer products and services (RM172.2 million), and healthcare (RM129.9 million),” it added.
-- BERNAMA