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Foreign investors bought another RM870 million and became the net buyer of Malaysian stocks this year
The net foreign buying trend continued for the fourth week. After a net inflow of RM883.9 million last week, the trend of foreign capital flight this year was reversed.
As of last Friday (17th), foreign investors switched to net purchases of Malaysian shares of RM4.9 million this year.
According to MIDF Research's latest capital flow report, China achieved 4.2% economic growth in the first quarter, exceeding expectations, which may be one of the factors contributing to the continued high level of foreign investment interest in the Chinese market.
Looking at the past five trading days, the highest net purchase amount last Wednesday reached RM299.98 million; in the following two trading days, net inflows also exceeded RM100 million.
Among them, transportation and logistics attracted RM223.6 million, becoming the “strongest fund-absorbing” sector for foreign investment; utilities followed with RM189.1 million; and the healthcare sector absorbed RM183.3 million.
However, the planting sector (net sale of RM64.7 million) and the construction sector (net sale of RM6.7 million) are the two major sectors that experienced foreign capital flight last week.
Local institutions, on the other hand, have been net sellers for 3 consecutive weeks, with net losses totaling RM37,970.
Retail investors also sold Malaysian stocks for 10 consecutive weeks, and the net outflow increased to RM40,410.
In terms of participation, the average domestic daily trading volume (ADTV) was strong last week, with retail investors increasing by 27.1%; local institutions by 18.0%; and foreign investment by 8.5%.
$FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$
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The net foreign buying trend continued for the fourth week. After a net inflow of RM883.9 million last week, the trend of foreign capital flight this year was reversed.
As of last Friday (17th), foreign investors switched to net purchases of Malaysian shares of RM4.9 million this year.
According to MIDF Research's latest capital flow report, China achieved 4.2% economic growth in the first quarter, exceeding expectations, which may be one of the factors contributing to the continued high level of foreign investment interest in the Chinese market.
Looking at the past five trading days, the highest net purchase amount last Wednesday reached RM299.98 million; in the following two trading days, net inflows also exceeded RM100 million.
Among them, transportation and logistics attracted RM223.6 million, becoming the “strongest fund-absorbing” sector for foreign investment; utilities followed with RM189.1 million; and the healthcare sector absorbed RM183.3 million.
However, the planting sector (net sale of RM64.7 million) and the construction sector (net sale of RM6.7 million) are the two major sectors that experienced foreign capital flight last week.
Local institutions, on the other hand, have been net sellers for 3 consecutive weeks, with net losses totaling RM37,970.
Retail investors also sold Malaysian stocks for 10 consecutive weeks, and the net outflow increased to RM40,410.
In terms of participation, the average domestic daily trading volume (ADTV) was strong last week, with retail investors increasing by 27.1%; local institutions by 18.0%; and foreign investment by 8.5%.
$FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$
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Translated
![Foreign investors have become net buyers of Malaysian stocks this year!](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240521/1716229164261-7a7d27087d.jpeg/thumb?area=104&is_public=true)
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$PBBANK (1295.BMS)$
Operating costs rose, coupled with higher loan provisions, dragging down Public Bank (PBBANK, 1295, main board financial stock) net profit in the first quarter of the 2024 fiscal year, down 3.54% year-on-year to 1.653 billion million 9000 ringgit.
First-quarter revenue increased by 10.97% year-on-year to 6.794 billion million 3000 ringgit.
According to the announcement, the bank's total loans as of the end of March increased by 6.3% year-on-year, and it continues to maintain a leading position in the financing market.
As for the total deposits, they increased by 7.1% year-on-year, with domestic deposits increasing by 7.3% to 391.9 billion ringgit.
Source: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only and does not constitute any specific investment advice, investment strategy, or endorsement. Readers should bear any risks and responsibilities arising from reliance on this content. Before making any investment decisions, be sure to conduct your own independent research and assessment, and consult with professional advisors as needed. The author and relevant participants are not responsible for any losses or damages arising from the use or reliance on the information contained in this article.
Operating costs rose, coupled with higher loan provisions, dragging down Public Bank (PBBANK, 1295, main board financial stock) net profit in the first quarter of the 2024 fiscal year, down 3.54% year-on-year to 1.653 billion million 9000 ringgit.
First-quarter revenue increased by 10.97% year-on-year to 6.794 billion million 3000 ringgit.
According to the announcement, the bank's total loans as of the end of March increased by 6.3% year-on-year, and it continues to maintain a leading position in the financing market.
As for the total deposits, they increased by 7.1% year-on-year, with domestic deposits increasing by 7.3% to 391.9 billion ringgit.
Source: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only and does not constitute any specific investment advice, investment strategy, or endorsement. Readers should bear any risks and responsibilities arising from reliance on this content. Before making any investment decisions, be sure to conduct your own independent research and assessment, and consult with professional advisors as needed. The author and relevant participants are not responsible for any losses or damages arising from the use or reliance on the information contained in this article.
Translated
![Did Public Bank meet expectations in the first quarter?](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240520/1716186273933-5d56d9e474.png/thumb?area=104&is_public=true)
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![Picture](https://ussnsimg.moomoo.com/1627309415498-101573857-android-org.png/thumb)
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By now, you might have already heard of the 2021 Berkshire Hathaway Shareholders Meeting that's going to happen on May 1st.
Meanwhile, we are hosting a "Warren Buffett vs. Cathie Wood, who is the true guru?" discussion.
Join the discussion and earn reward points!
*Reward points shop will come soon, and you will be able to use your reward points to exchange gifts!
[Topic of discussion]
Warren Buffett vs. Cathie Wood...
![[Reward points giveaway] Warren Buffett vs. Cathie Wood, who is the true guru?](https://ussnsimg.moomoo.com/moo-1619864150-77777017-iPhone-1-org.jpg/thumb)
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