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).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , bursa , investment , Malaysia , stocks , shares , ipo ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read