Bursa confident positive momentum will continue


High trading activity: Tajuddin and chief financial officer Rosidah Baharom at the press conference. Tajuddin says there is recovery in some developed markets that will have a spillover effect on emerging markets.

KUALA LUMPUR: The investment momentum in the second half of the year will not be as strong as in the first half, according to Bursa Malaysia chief executive officer Datuk Seri Tajuddin Atan.

He reckoned that the positive trend seen in the first half of the year would continue until the end of the year, driven by recoveries in several developed economies as well as more fund-raising activities from initial public offerings (IPOs).

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