KUALA LUMPUR, Nov 10 – Malaysia was among only three Asian markets to attract net foreign fund inflows during the week ended November 6, drawing US$381.3 million (approximately RM1.54 billion) into Bursa Malaysia.
Foreign institutional investors continued their buying momentum for the second consecutive week, according to MBSB Investment Bank Bhd (MBSB IB).
In its weekly fund flow report, the investment bank confirmed that foreign institutions recorded net purchases on all five trading days.
Tuesday recorded the strongest inflow at RM152.4 million. Monday followed with RM102.5 million, while Thursday attracted RM55 million. Friday and Wednesday recorded RM40.6 million and RM30.8 million respectively.
Financial Services Leads Foreign Investment
Financial services attracted the largest share of foreign institutional investments, recording net inflows of RM249.5 million.
Transportation and logistics came second with RM199.8 million. Construction followed closely with RM191.4 million.
However, not all sectors attracted foreign buying.
Technology recorded the highest net foreign outflow at RM221.5 million. Plantation followed with RM126.7 million, while industrial products and services registered RM59.8 million in net outflows.
These figures show that foreign investors continued to favour selected sectors rather than buying across the entire market.
Local Institutions Continue Selling
Meanwhile, local institutional investors maintained their selling trend for a second consecutive week.
They recorded net outflows of RM621 million during the reporting period.
In contrast, retail investors continued to show confidence in the local market. They recorded net purchases of RM239.7 million, extending their buying streak to 11 consecutive weeks.
MBSB IB also reported higher average daily trading activity across all investor categories.
Retail trading volume increased by 5.6 per cent. Local institutional activity rose by 17.6 per cent, while foreign institutional trading volume grew by 16.8 per cent.
Malaysia Stands Out in Regional Market
Malaysia’s positive performance came against a challenging regional investment environment.
Foreign investors recorded net selling across eight Asian markets for the sixth consecutive week. Total regional net outflows reached US$19.54 billion.
Taiwan, South Korea, Thailand, Vietnam and Indonesia led the regional selling trend.
However, India, Malaysia and the Philippines moved against the broader trend. These were the only three Asian markets to record net foreign fund inflows during the period.
Malaysia’s latest performance highlights continued foreign interest in selected local market sectors, despite wider selling pressure across Asia.
Source : PRESS KL | Rewritten By Minutesmy
