Trade Performance and Fund Flow - December 2023

▪ Overall market capitalisation grew for the third consecutive month with a 1.1% growth to RM1,796 bil as at end-December. KLUTL expanded for the second consecutive month and led in terms of sectorial growth by 7.3%. This was followed by KLHEAL with a 6.9% growth. 

▪ KLENG fell by another 1.4% in December in respond to a 7.0% decline in monthly Brent crude oil price, marking its third consecutive month of decline.  

▪ ADV grew by 7.5% in December to RM2.34 bil. This brought the full year ADV to RM2.06 bil. During the month, trading of Financial Services rose by 42.2% MoM to RM447.4 mil, the highest growth among all sectors. This was followed by the Utilities sector with a 22.2% MoM growth to RM212.9 mil. 

▪ Foreign investors continued to buy Malaysian equities in December. During the month, they net bought +RM256 mil of local stocks, narrowing overall foreign outflow to -RM2.34 bil for the whole year.  

▪ Net disposal by local institutions was significantly narrowed to -RM2.5 mil, bringing whole year’s net purchase value to +RM3.12 bil, the largest supporter of the local equity.