In its fund flow report for the week ended May 23, 2025, the investment bank said that the week closed with a net foreign outflow of RM392.3 million, bringing the year-to-date (YTD) net foreign outflow to RM9.8 billion.

“Notably, the past four weeks marked the only period of foreign inflows for the year. Foreign investors were net sellers on every trading day with outflow ranging from RM0.9 million to RM207.7 million,” it said.

The investment bank said that the largest outflow was recorded on Thursday at RM207.7 million, followed by Tuesday with RM80.5 million.

“The three sectors that recorded the highest net foreign inflows were utilities (RM56.5 million), construction (RM54.4 million), and telecommunications and media (RM48.1m).

“The top three sectors that recorded the highest net foreign outflows were financial services (RM240.9 million), consumer products and services (RM139.1 million), and industrial products and services (RM86.2 million),” it said.

Local institutions ended their four-week selling streak in Bursa Malaysia with net inflows amounting to RM222.9 million last week, bringing their YTD net buying to RM7.9 billion.

MIDF said local retailers also reversed their five-week outflow trend, recording a net inflow of RM169.4 million.

“The average daily trading volume saw a broad-based decline last week.

“Local institutions and local retailers saw a decrease of 36.8% and 28.1%, respectively, while foreign investors saw a decline of 29.1%,” it said.