Kuala lumpur: Foreign investors extended their net buying streak for a second consecutive week, recording net inflows of RM716.1 million, the largest since mid-May 2025 at RM1.68 billion and about 16.8 times higher than the previous week.

According to BERNAMA News Agency, MBSB Investment Bank Bhd reported in its fund flow report for the week ended Jan 16 that foreign investors were net buyers on all five days, with the largest inflow recorded on Thursday at RM330.0 million, followed by Wednesday (RM172.0 million), Friday (RM115.5 million), Tuesday (RM69.5 million), and Monday (RM29.2 million).

The report highlighted that the top three sectors that recorded net foreign inflows were financial services (RM365.9 million), industrial products and services (RM177.3 million), and plantation (RM90.1 million). Conversely, the sectors experiencing net foreign outflows included construction (-RM54.3 million), healthcare (-RM52.9 million), and property (-RM29.3 million).

MBSB Investment also noted that local institutions broke their eight-week streak of consecutive net buying, recording net outflows of RM588.2 million last week. The average daily trading volume (ADTV) saw a broad-based increase, led by local retailers (+14.0 per cent), local institutions (+18.2 per cent), and foreign investors (+18.7 per cent).

Foreign investors across eight Asian markets reverted to net selling after the previous week of inflows, recording US$954.6 million in net foreign outflows. This was driven by an exceptionally large outflow from India, which, along with Vietnam, was the only two markets to see net foreign outflows. MBSB Investment added that inflows in the regional markets tracked were led by Taiwan, followed by South Korea, Indonesia, the Philippines, Thailand, and Malaysia.