In its fund flow report for the week ended Feb 28, 2025, MIDF Amanah Investment Bank Bhd said foreign investors’ selling pressure persisted throughout the week, with Friday seeing the heaviest outflow at RM646.2 million.

The only sectors that saw net foreign inflows were construction (RM24.1 million), telecommunications and media (RM14.7 million), and real estate investment trusts (RM6.7 million).

Meanwhile, the top three sectors with the highest net foreign outflows were financial services (RM362.1 million), consumer products and services (RM314.9 million), and utilities (RM255.1 million).

In contrast, local institutions remained a pillar of support in Bursa, marking their nineteenth consecutive week of net buying with a substantial RM817.4 million inflow into domestic equities, up from RM316.3 million the previous week.

Local retail investors extended their net buying streak for a third week, recording a net inflow of RM447.9 million, up from RM245.7 million.

“The average daily trading volume (ADTV) saw broad-based increases,” it said.

Foreign investors recorded a sharp rise of 80.3% in ADTV, while local institutions saw a 5.8% uptick.

In addition, local retail investors posted a modest decline of 1.6%.

Across Asian equities, foreign investors remained net sellers in all eight tracked markets, with a total outflow of US$12.23 billion (RM54.58 billion), a slight improvement from US$12.94 billion (RM57.75 billion) the previous month.

This marked the fifth consecutive month of net foreign outflows.

The eight markets were Malaysia, India, Taiwan, South Korea, Indonesia, Vietnam, Thailand, and the Philippines.