Foreign capital is fleeing again! More than 400 million dollars were lost last week

Last Monday, the whole country celebrated Haji Festival. There are only 4 days left in the trading day. After two consecutive weeks of inflow of foreign capital into the Malaysian stock market, it sold a net of RM441.1 million last week.

According to MIDF Research's latest capital flow report, during the four trading days last week, foreign investors were net selling Malaysian stocks; of these, Friday recorded the biggest net sales volume of RM175.8 million.

Looking at the sectors most heavily sold last week, including financial services (-RM529.9 million), healthcare (-RM56.2 million), and farming (-RM36.4 million).

In addition to foreign investors selling Malaysian stocks in large quantities, local institutions and retail investors took the opportunity to absorb them. Both local institutions and retail investors were net buyers last week.

Local institutions sold RM27.9 million shares last week only on Thursday, with net purchases for the rest of the trading day. Among them, Friday had the strongest absorption, with a total net purchase of RM177.5 million shares.

Retail investors also followed in the footsteps of local institutions and made a net purchase of RM167.1 million shares last week.

In terms of participation, the average domestic daily trading volume (ADTV) rose 36.1% last week, while trading between local institutions and retail investors was quiet, falling 18.1% and 11.1%, respectively.