KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
While global markets wobble under inflation and tariff threats, Malaysia's stock scene is heating up with a surprising shift in investor behavior!
Top Takeaways (Week Ended July 18):
Foreign Funds:
RM153.7M into GAMUDA — top construction pick amid infrastructure optimism
SUNWAY and WPRTS also saw strong inflows
Major foreign outflows from CIMB (-RM165.4M) and RHBBANK (-RM92.7M)
Local Institutions:
CIMB and PBBANK are top buys despite foreign selling
Flows suggest a divergence in market views between locals and foreigners
Retail Investors:
MAYBANK (RM95.8M) leads the charge as top retail favorite
Retail crowd also backing CIMB and ZETRIX (AI play 📈)
What It Means:
Foreigners are betting on construction as a safe haven from trade volatility
Retail investors love stable banks—possibly hunting for dividends or safety
Tech stocks continue to bleed foreign money, but locals see potential in AI-linked counters
What to Watch:
Will Trump's August tariff deadline disrupt this trend?
Can local retail support offset foreign selling pressure?
Will earnings season change the narrative?
Comments
Post a Comment