KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said. However, gains in healthcare and telecommunications stocks provided some support to the broader local market. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.04 points, or 0.12 per cent, to 1,731.32 compared with Tuesday’s close of 1,733.36. The benchmark index opened 1.39 points weaker at 1,731.97, and fluctuated between 1,725.95 and 1,733.44 throughout the day. On the broader market, losers outpaced gainers 701 to 478, while 563 counters were unchanged, 1,131 untraded and 16 suspended. Turnover shrank to 3.31 billion units valued at RM2.92 billion from 3.74 billion units valued at RM2.91 billion on Tuesday.
Foreign investors extended their buying streak on Bursa Malaysia last week with net inflows of RM492.1 million, according to MBSB Investment Bank Bhd (MBSB IB). This marks the second consecutive week of net foreign buying.
Market Snapshot
Foreign investors recorded RM492.1m net inflows last week, second week of buying.
Strongest inflows on Wednesday (RM348.7m) and Friday (RM205.3m); only outflow on Thursday (RM61.9m).
Top inflow sectors: Transportation & logistics (RM131.8m), Industrial products & services (RM126.9m), Technology (RM117.1m).
Outflows seen in Financial services (–RM154.7m) and Healthcare (–RM38.1m).
Local institutions (–RM337.6m) and retailers (–RM159.5m) remained net sellers.
Weekly Breakdown
Trading was shortened to three days due to the Malaysia Day holiday.
Wednesday (Sept 17): Largest inflow of RM348.7 million.
Friday (Sept 19): Inflow of RM205.3 million.
Thursday (Sept 18): Only outflow of the week at RM61.9 million.
Sector Highlights
Top sectors with foreign inflows:
Transportation and logistics: RM131.8 million
Industrial products and services: RM126.9 million
Technology: RM117.1 million
Sectors with net outflows:
Financial services: RM154.7 million
Healthcare: RM38.1 million
Local Investors
Local institutions: Net sellers with outflows of RM337.6 million
Retail investors: Net sellers with outflows of RM159.5 million
Trading Activity
Foreign investors: Average daily trading volume (ADTV) up 88.3%
Retail investors: ADTV up 21.2%
Local institutions: ADTV up 19.0%
Key Takeaway
Foreign funds continued to support Bursa Malaysia, particularly in transportation, industrials and technology, while locals remained net sellers. The back-to-back inflows highlight improving foreign participation and stronger liquidity in the market.
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