Local Institutions Boost Bursa Malaysia For 16th Consecutive Week - MIDF

KUALA LUMPUR, Feb 10 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 16th consecutive week, with net purchases totalling RM194.2 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF). 

This was higher than the previous week’s net purchases of RM149.4 million. 

In its Fund Flow Report for the week ended Feb 7, MIDF 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.

It said this was in contrast to foreign investors, who continued selling equities for the 16th consecutive week. 

“However, the pace of outflows slowed to RM169.4 million compared to the previous week’s RM503.3 million,” it said.

MIDF said that foreign investors were net sellers on every trading day except Friday, which recorded a net inflow of RM93.2 million, ending a 24-day consecutive streak of net foreign outflows.

“Monday experienced the largest outflow of RM151.9 million, with the outflows for Tuesday, Wednesday and Thursday amounted to RM18.5 million, RM65.1 million and RM27.1 million, respectively,” it said. 

MIDF 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, 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,” it said.

MIDF said that 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,” it added.

-- BERNAMA