Trade Performance and Fund Flow - November 2022

▪ Overall market cap of Bursa Malaysia continued on its expansion trail since last month by rising 2.6% M-O-M to RM1,704 bil in Nov on the back of appointment of new Prime Minister that resolved the political uncertainty. All sectors exhibited growth in market cap except for Transport and Logistics, Plantation and Health Care. Energy sector recorded the highest M-O-M market cap growth (10.5%), followed by Property (9.1%) and Technology (8.5%). 

▪ ADV for the month breached the RM2 bil mark to reach RM2.13 bil as the market staged a relief rally with the end of hung parliament situation. This brought YTD ADV to RM2.08 bil. 

▪ Foreign investors added close to +RM341 mil of Malaysian securities to their portfolios on the day of announcement of new Prime Minister on 24 Nov, followed by net outflow on profit taking for the subsequent market days. On the contrary, local institutions added close to +RM202 mil on the subsequent 3 market days after the appointment. 

▪ On monthly basis, foreign outflow narrowed to around -RM282 mil in Nov but remained as net buyers YTD amounting to RM5.73 bil. Meanwhile, inflow momentum from local institutions slowed to +RM153 mil in the same month, reducing the YTD net outflow to -RM8.16 bil. Local retailers added +RM96 mil in Nov, bringing YTD net inflow to +RM2.26 bil.