What caused Bursa Malaysia outflows to widen to RM740.6 million?

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Foreign Investors Continued Net Selling, Widening Bursa Malaysia Outflows

Foreign investors continued their net selling trend on Bursa Malaysia last week, leading to a widening of outflows to RM740.6 million. This marked the fourth consecutive week of foreign fund withdrawals from the local stock market. The extent of these outflows was an increase from the RM562.6 million withdrawn in the preceding week.
Foreign Outflows Occurred Throughout the Week

The net outflows from foreign investors were observed across all trading days of the week. The most significant withdrawals were recorded on Monday, amounting to RM208.7 million. Wednesday followed with outflows of RM202.9 million, and Thursday saw withdrawals totalling RM149.5 million. Outflows on Tuesday and Friday were comparatively lower, at RM95.0 million and RM84.4 million, respectively.
Local Institutions and Retailers Provided Support

In contrast to foreign investor activity, local institutional investors were net buyers throughout the entire trading week. Their heaviest inflow occurred on Monday at RM224.1 million, which then moderated to RM36.6 million on Tuesday before rising again to RM177.3 million on Wednesday. Further inflows of RM126.9 million and RM104.3 million were recorded on Thursday and Friday, bringing their cumulative net purchases for the week to RM669.2 million. Local retailers also remained net buyers for the third consecutive week, contributing a total of RM71.4 million in inflows.
Overall Investor Participation Increased

Despite the foreign outflows, there was an increase in the average daily trade value (ADTV) across all investor classes. Retail investors saw an 8.3 per cent rise in ADTV, while institutional investors experienced a 15.7 per cent increase. Foreign investors, despite their net selling position, also recorded a significant 20.6 per cent increase in their participation level.

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What caused Bursa Malaysia outflows to widen to RM740.6 million?

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