Here are top 5 stocks sold by foreign investors in June

PUBLIC Bank Bhd, Petronas Chemicals Groups Bhd, CIMB Group Holdings Bhd, Tenaga Nasional Bhd (TNB) and Hong Leong Bank Bhd (HLBB) were the top five stocks sold by foreign investors on the local stock exchange in June.

The first four were also the highest on the sell-side year-to-date (YTD), according to a report by Maybank Investment Bank Bhd.

Based on Dibots data, it said the top buys for investors in June were Malayan Banking Bhd (Maybank), Gamuda Bhd, YTL Corp Bhd, Westports Holdings Bhd and Malaysia Airports Holdings Bhd (MAHB).

In the first half of the year, it said foreign top sells were Public Bank, CIMB Bank, PetChem, TNB and RHB Bank Bhd while their top buys were Gamuda, MAHB, CelcomDigi Bhd, YTL and Velesto Energy Bhd.

The report, released today, noted that June saw RM1.35 billion of outflow from Malaysia’s equities as foreign selling persisted for the 10th consecutive month. — TMR