Foreign capital inflows into Malaysian stocks continued for 5 weeks and made a net purchase of 470 million yuan last week

Foreign investors continued to buy Malaysian stocks for the 5th week, with a net inflow of RM474.1 million last week, which was slightly inferior to the previous week's net inflow of RM883.9 million.

According to the capital flow report released by MIDF Research on Monday, the April inflation data released last week remained stable, while exports increased 9.1% year-on-year in April, which is expected to support China's economic growth.

Due to the Vesak holiday on Wednesday (22nd), there were only 4 trading days last week. Among them, the net purchase amount of foreign capital was the highest on Thursday, reaching RM474.5 million, while the net inflow of foreign capital on Monday was RM102.6 million, with a slight outflow of Malaysian stocks for the remaining days.

Last week, the sectors most favored by foreign investors were transportation logistics (RM221.4 million), technology (RM183.3 million), and construction (RM77 million).

Meanwhile, farming (-40.7 million ringgit), healthcare (-34.2 million ringgit), and consumer goods and services (-34 million ringgit) have become the three major sectors affected by foreign capital flight last week.

Local institutions, on the other hand, have been net sellers of Malaysian stocks for 4 consecutive weeks, with net sales totaling RM192.5 million.

As for retail investors, which were the biggest net sellers last week, the net outflow was RM281.6 million, leaving for the 11th week in a row.

In terms of participation, Malaysia's average daily trading volume (ADTV) increased last week, with retail investors increasing by 7.1%; local institutions by 12.4%; and foreign investment by 18.3%.