Analyst: Unfair to say under-performing stocks will affect other IPOs

PETALING JAYA: Although more than half of Bursa Malaysia's debutants year-to-date are trading below their initial public offering (IPO) prices, it is unlikely to cast doubt on the performance of other IPOs.

Analysts said that many had been quite well received by the public. They said no doubt some of the new entries' performance on Bursa so far had been unexciting, but there were other companies that saw appreciation in their share prices.