Is there room for small cap stocks to grow?

DESPITE the FBM Small Cap Index’s good performance against the main index FBM KLCI, MIDF Research reckons that small and mid-cap stocks are poised to continue its growth trajectory in the near future in line with more active retail participation.

So far, the retail participation on Bursa Malaysia in terms of foreign average daily trade on a weekly basis value remains moderate, above the RM800mil, over 33% higher that levels seen last year.