Hanoi:Bursa Malaysia Local institutions have maintained their net buying trend on Bursa Malaysia for three consecutive weeks, registering net inflows of RM99.9 million last week.

According to BERNAMA News Agency, retailers also continued their net buying streak for the seventh week in a row, bringing in RM258.2 million in net inflows. Conversely, foreign institutions were net sellers for the third consecutive week, with net outflows totaling RM358.1 million.

Foreign institutions were net sellers each day of the week, with the highest outflow on Thursday amounting to RM194.7 million. Other significant outflows occurred on Monday at RM79.6 million, Wednesday at RM63.4 million, Friday at RM14.0 million, and Tuesday at RM6.4 million.

The technology, industrial products and services, and transportation and logistics sectors saw the highest net inflows from foreign institutions, amounting to RM240.0 million, RM102.0 million, and RM74.0 million, respectively. In contrast, financial services, utilities, and plantation sectors experienced the most notable net foreign outflows, registering RM532.2 million, RM162.9 million, and RM116.2 million, respectively.

MBSB Investment Bank Bhd (MBSB IB) reported a broad-based increase in the total average daily trading volume, with retail investors up by 9.7 percent, foreign institutions by 1.4 percent, and local institutions by 14.4 percent. Across eight Asian markets monitored by MBSB IB, foreign investors continued their net selling for two consecutive weeks, leading to total net foreign outflows of US$10.31 billion. South Korea recorded the largest outflow, followed by India, Taiwan, Vietnam, Thailand, Indonesia, Malaysia, and the Philippines.