Foreign investors bought back Malaysian stocks and bought a net purchase of 0.3 billion 94.5 million ringgit last week

Foreign capital returned to Malaysian stocks last week after two consecutive weeks of net sales, with a total net purchase of RM0.3 billion 94.5 million.

MIDF Research indicates through the capital flow report released this week that foreign investors bought Malaysian stocks on a net basis every day last week, mainly on Wednesday and Thursday.

Among them, the largest net purchase amount was recorded on Wednesday, with a net purchase of RM0.2 billion59.4 million, while Thursday's net purchase amount was RM86.3 million.

Foreign investors bought three major sectors last week, namely transportation and logistics (RM0.1 billion52.9 million), industrial products and services (RM0.1 billion51.5 million), and technology stocks (RM93.6 million).

The top 3 sectors sold the most by foreign investors are consumer products and services (-91.1 million ringgit), construction stocks (-28.6 million ringgit), and implant stocks (-27.2 million ringgit).

Similar to foreign investors, local institutions also continue to support the local stock market, buying RM32.2 million net shares last week.

Meanwhile, retail investors played the role of sellers, net-selling Malaysian stocks for a total of RM0.4 billion26.7 million last Monday. Retail investors made net sales almost every day last week, with the exception of net purchases of RM0.4 million on Friday.

In terms of participation, the average daily transaction value (ADTV) of retail investors and local institutions increased by 14.1% and 5.8%, respectively, while foreign investment declined by 6.7%.