FOREIGN traders maintained their standing as web patrons on Bursa Malaysia for the second consecutive week with web influx totalling RM676.7 mil which is sort of 4 instances the quantity bought within the earlier week.
Each buying and selling session of the week recorded web shopping for with Monday (Nov 6) registering the best influx at RM359.2 mil, based on MIDF Analysis.
“The highest three sectors with web international inflows for the week have been monetary providers (RM194.4 mil), utilities (RM123.1 mil) and healthcare (RM111.3 mil),” the analysis home identified in its weekly fund circulation report.
“(On the reverse), the one three sectors that recorded web international outflows have been power (-RM23.8 mil), shopper merchandise & providers (-RM23.1 mil) and REITs (-RM1.5 mil).”
In the meantime, native establishments recorded web outflow of -RM551.2 mil final week, marking the second consecutive week of web promoting. Each session of the week witnessed web promoting with the best outflow occurring on Monday (Nov 6) at RM226.9 mil.
Native retailers, too, prolonged their web promoting streak for the fifth consecutive week with web gross sales amounting to RM125.5 mil.
Outflows have been noticed from Monday (Nov 6) to Wednesday (Nov 8) whereas Thursday (Nov 9) and Friday (Nov 10) recorded inflows of RM13.0 mil and RM29.7 mil respectively.
When it comes to participation, there have been will increase in common each day buying and selling quantity (ADTV) amongst international traders by +8.5%, native retailers (+10.1%) and native establishments (+11.2%).
Compared with one other 4 Southeast Asian markets tracked by MIDF Analysis, solely Malaysia and the Philippines reported web international influx with the latter recorded US$1.5 mil after 13 consecutive weeks of web outflows.
Thailand skilled its fourth consecutive week of web international outflows amounting to -US$261.9 mil adopted by Indonesia (-US$130.9 mil) and Vietnam (-US$50.0 mil).
The highest three shares with the best web cash influx from international traders final week have been Malayan Banking Bhd (RM92.3 mil), CIMB Group Holdings Bhd (RM56.7 mil) and MISC Bhd (RM48.3 mil). – Nov 14, 2023