Foreign investors recorded smaller outflows on Bursa

Foreign investors extended their net selling streak on Bursa Malaysia for a third straight week during the Deepavali-shortened Oct 21–24 trading week, with a modest outflow of RM14.6 million, sharply lower than the previous week’s RM962.8 million, according to MBSB Research. They were net sellers on two of four trading days, led by Wednesday’s RM73.3 million outflow. However, net buying resumed on Thursday (RM97.5 million) and Friday (RM30.1 million).

Local institutions continued their net buying for a third consecutive week with inflows of RM111.1 million, while local retailers maintained their seven-week selling streak with outflows of RM96.5 million.

Foreign investors

Sector-wise, consumer products, industrial, and technology saw the largest foreign inflows, while healthcare, financials, and telecommunications recorded outflows. Regionally, Indonesia and Thailand posted strong foreign inflows, while Vietnam and the Philippines faced continued withdrawals. Genting Malaysia, 99 Speed Mart, and SD Guthrie led individual stock inflows.

Business News