Strategy Note /
Malaysia

MY : Strategy - Promising net buying by foreign investors

    Ivy Ng Lee
    Ivy Ng Lee

    Head of Malaysia Research, Regional Head of Agribusiness

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    CGS-CIMB
    18 January 2021
    Published byCGS-CIMB

    Foreign investors emerged as the largest net buyer group of Malaysian equities last week; they had been net buyers in three out of the past four weeks. Banks and technology players were the key sectors that attracted net buying from foreign investors. Local institutional investors were net sellers of the equity market for the sixth consecutive week. Retail investors’ net buying momentum fell last week but they remained the largest net buyers YTD. Local and foreign institutional investors were the top buyers of Top Glove last week; retail and nominees groups were the top sellers.