FOREIGN investors reversed to net selling after two consecutive weeks of buying to post a net outflow of -RM516.6 mil in the July 7-11 trading period (previous week: + RM RM303.0 mil).
They were net sellers on every trading session with daily outflows ranging from -RM10.1 mil to -RM272.3 mil, according to MIDF Research.
“The largest outflow occurred on Monday (July 7), followed by Friday (July 11) with -RM103.6 mil,” observed the research house in its weekly fund flow report. “The smallest outflow was recorded on Tuesday (July 8) at -RM10.1 mil.
The top three sectors that recorded the highest net foreign inflows were utilities (RM52.5 mil), property (RM35.4 mil) and transportation & logistics (RM32.1 mil).
The top three sectors with the highest net foreign outflows were financial services (-RM237.6 mil), telecommunication & media (-RM142.7 mil) and construction (-RM89.1 mil) (last Friday’s data was not available at the time of writing).
Nevertheless, local institutions continued their buying momentum by extending their streak to eight consecutive weeks with net inflows totalling RM463.9 mil, a 660.5% increase from the previous week’s inflow of RM61.0 mil.
Meanwhile, local retailers returned to net buying after two weeks of net selling by recording a net purchase of RM52.7 mil.
The average daily trading volume (ADTV) experienced a broad-based decline last week. Local retailers and local institutions recorded decreases of -1.6% and -12.9% respectively, while foreign investors saw a decrease of -8.3%.
In comparison with another four Southeast Asian markets tracked by MIDF Research, only Thailand posted a net inflow of US$90.3 mil to reverse a one-week outflow streak.
On the contrary, Indonesia posted the largest outflow at -US$115.2 mil which marled four straight weeks of net foreign selling while the Philippines saw a net outflow of -US$14.1 mil to snap a single-week inflow streak.
However, Vietnam’s net flow data was not available at the time of writing. – July 7, 2025
