KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
After weeks of outflows, foreign investors brought RM33.2 million back into Bursa Malaysia last week. This shift was uneven—utilities, transportation, and industrial sectors saw healthy inflows, while financial services, property, and telco & media continued to face selling pressure.
Local institutions maintained their steady buying momentum, contributing RM142.8 million in net inflows, suggesting continued confidence in the broader market. Meanwhile, local retailers turned net sellers again with RM176 million in outflows.
According to MIDF, this return of foreign funds could signal the beginning of renewed confidence in Malaysia’s equities market, especially in sectors with robust fundamentals like utilities and transport.
What Investors Should Watch:
✅ Utilities & Transport: Foreign buying momentum could continue, potentially lifting select counters.
⚠️ Financials Weakness: Persistent outflows hint at lingering caution—investors may want to be selective.
📈 Volume Trends: Rising domestic trading volumes may indicate growing local optimism.
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