Strategy Note /
Malaysia

MY : Strategy - Key insights into weekly flows (27/6-1/7)

    Ivy Ng Lee
    Ivy Ng Lee

    Head of Malaysia Research, Regional Head of Agribusiness

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    CGS-CIMB
    5 July 2022
    Published byCGS-CIMB

    KLCI posted its first weekly gain in six weeks, rising by 0.9% wow to 1,450 points. Foreign investors' net sell flows grew 5.2x to RM320m, net selling Petchem and Top Glove. Retail investors remained the largest net buyers last week, net buying Tenaga and Top Glove. Local institutional investors’ weekly net buying grew 96% wow, net buying Petchem and Westports. Petchem, Tenaga and Public Bank were the top three stocks with the highest fund flows last week. Total value of short-selling fell 9.1% wow, with healthcare and technology being the top short sectors.