The month-on-month (m-o-m) report released by Bursa Malaysia Securities Bhd saw total market capitalization across local trade jump as high as 1.7% to RM1.83 trillion.
The m-o-m record for April was driven by the plantation sector following Indonesia's export ban on crude palm oil (CPO).
Nevertheless, Bursa Malaysia saw the average daily volume (ADV) decline to RM2.96 billion in April from RM2.96 billion during the previous month.
Among the reasons for the decline in ADV was the influence of weak trading activity among local institutional investors.
On the other hand, foreign inflows also declined to RM825 million in April while in March it recorded RM3.28 billion.
According to Bursa, foreign funds led net purchases in the financial services, plantation and industrial sectors while net sales occurred in the healthcare, technology and telecommunications and media sectors during April.
He said foreign investors were seen further strengthening their plantation shareholdings to RM256 million from RM962 million in March, believed to be due to Indonesia's CPO export ban.
In addition, foreign inflows are seen to further extend inflows into financial services despite expectations of the country's economic recovery.
Turning to the stock market, foreign investors became the main net buyers at the counters of Public Bank Bhd, Malayan Banking Bhd, Petronas Chemicals Group Bhd, Sime Darby Plantation Bhd and RHB Bank Bhd.
While foreign funds emerged as the main sellers at Top Glove Corp Bhd, Inari Amertron Bhd, Kuala Lumpur Kepong Bhd, Dagang NeXchange Bhd and Tenaga Nasional Bhd.
