Foreign capital has fled again! Last week, there was a net outflow of more than 0.4 billion.

On Monday of last week, the country celebrated Hari Raya Haji. With only 4 trading days left, after two consecutive weeks of inflows, foreign capital had a net sell of 0.4 billion and 41.1 million ringgit last week.

According to the latest capital trend report from MIDF Research, foreign capital had a net sell of Malaysian stocks in all 4 trading days last week; among them, Friday recorded the highest net sell of 0.1 billion and 75.8 million ringgit.

Looking at last week, the sectors that were sold off the most severely include financial services (-0.5 billion and 29.9 million ringgit), healthcare (-56.2 million ringgit), and plantation (-36.4 million ringgit).

While foreign capital was selling Malaysian stocks in large quantities, local institutions and retail investors took the opportunity to absorb them, and both local institutions and retail investors were net buyers last week.

Local institutions only sold 27.9 million ringgit of Malaysian stocks on Thursday last week, and were net buyers for the remaining trading days, with the strongest buying power on Friday, with a total net purchase of 0.1 billion and 77.5 million ringgit of Malaysian stocks.

Retail investors followed the footsteps of local institutions and had a net purchase of 0.1 billion and 67.1 million ringgit of Malaysian stocks last week.

In terms of participation, the average daily trading volume (ADTV) of the domestic market increased by 36.1% last week, while local institutions and retail investors had a quiet trading activity, with a decrease of 18.1% and 11.1%, respectively.