What’s cooking in penny stocks

Investors look at the share index at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Sept. 16, 2008. Wall Streets overnight freefall sent Asian stock markets tumbling sharply Tuesday morning as investors were gripped with fears of a global financial crisis.

BURSA Malaysia has underperformed for the past three years, largely due to the outflow of foreign funds.

The foreign funds started coming back five weeks ago and subsequently trading volumes on the exchange picked up. Bursa saw its overall turnover hitting a staggering 6.01 billion shares on March 20 – the biggest one-day volume since August 2014. Total turnover was valued at RM3bil.

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