Trade Performance and Fund Flow - September 2022

▪ The total market cap of Bursa Malaysia moderated by 6.1% to YTD lowest of RM1,602 bil at the close of 30 Sept, as overall market sentiment was adversely impacted by renewed fear for global recession, tightening monetary policy by the US to curb inflation, and geopolitical tension in the West. 

▪ ADV growth for the month remained muted at RM1.76 bil (versus RM1.74 bil in August). This brought the 9-month ADV to RM2.11 bil. 

▪ On par with most regional peers in EM Asia ex China, Bursa Malaysia recorded a net foreign outflow of -RM1,626 mil. This was the second month with net foreign outflow in 2022 on top of June. However as of YTD, foreign investors remained net buyers of local securities at +RM6,610 mil.  

▪ Local institutions reverted to net buyers after added +RM1,115 mil, thus narrowing their YTD outflow from the market to -RM9,192 mil. 

▪ Local retailers continued to be supportive towards domestic market, with their net purchase increased by more than two-fold to +RM453 mil in Sept (August: +RM141 mil)