In its fund flow report for the week ended Feb 7, MIDF said foreign investors were net sellers on every trading day except Friday, which recorded a net inflow of RM93.2 million, ending a 24-day consecutive streak of net foreign outflows.

“Monday experienced the largest outflow of RM151.9 million, with the outflows for Tuesday, Wednesday and Thursday amounting to RM18.5 million, RM65.1 million and RM27.1 million, respectively,” it said.

MIDF said the top three sectors that recorded net foreign inflows were financial services (RM117.2 million), construction (RM111 million) and technology (RM77.6 million).

Meanwhile, the top three sectors that recorded the highest net foreign outflows were utilities (RM181.4 million), industrial products & services (RM92.7 million), and energy (RM61.2 million).

In contrast, local institutions continued to support the local bourse for the sixteenth consecutive week, with net purchases totalling RM194.2 million in domestic equities.

MIDF said this was higher than the previous week’s net purchases of RM149.4 million.

It said that local institutions net bought on three out of the five trading days last week, with net inflows on Monday, Wednesday and Thursday totalling RM130.8 million, RM85.4 million and RM35.3 million, respectively.

“Local retail investors ended their buying streak of four consecutive weeks on Bursa, with a net outflow of RM24.8 million in equities, amounting to two weeks of net selling thus far in 2025,” it said.

MIDF said that the average daily trading volume (ADTV) saw inclines across the board last week, with the exception of foreign investors.

“Foreign investors saw a decrease of 8.7%, while local institutions and local retailers saw a surge of 7.8% and 1%, respectively,” it added.