KUALA LUMPUR, Feb 24 (Bernama) -- Local institutions continued to support Bursa Malaysia with net purchases totalling RM194.2 million in domestic equities last week, compared with net purchases of RM77.9 million in the week ended Feb 14.
In its Fund Flow Report for the week ended Feb 21, MIDF Amanah Investment Bank Bhd said local institutions net bought on three out of the five trading days last week, with net inflows on Monday, Wednesday and Thursday totalling RM130.8 million, RM85.4 million and RM35.3 million, respectively.
However, local retail investors ended their buying streak of four consecutive weeks on Bursa Malaysia with a net outflow of RM24.8 million in equities, amounting to two weeks of net selling thus far in 2025.
MIDF Amanah said foreign investors continued to sell equities in Bursa Malaysia for the sixteenth consecutive week, although the pace of outflows slowed to RM169.4 million compared to RM503.3 million in the week that ended Feb 14.
Foreign investors were net sellers on every trading day except Friday, with Monday experiencing the largest outflow of RM151.9 million.
On Tuesday, Wednesday and Thursday, the outflows amounted to RM18.5 million, RM65.1 million and RM27.1 million, respectively.
“Friday experienced a net inflow of RM93.2 million, ending a 24-day consecutive streak of net foreign outflows,” the report said.
The top three sectors that recorded net foreign inflows were financial services (RM117.2 million), construction (RM111.0 million) and technology (RM77.6 million).
Meanwhile, the top three sectors that recorded the highest net foreign outflows were utilities (RM181.4 million), industrial products and services (RM92.7 million), and energy (RM61.2 million).
The average daily trading volume (ADTV) saw inclines across the board last week, with the exception of foreign investors.
“Foreign investors saw a decrease of 8.7 per cent while local institutions and local retailers saw a surge of 7.8 per cent and 1.0 per cent, respectively,” MIDF Amanah added.
-- BERNAMA
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