Share buybacks – An excellent defensive tool in a weak market


AS October 2018 ended, the FBM KLCI closed lower by 4.9%. Malaysia’s performance is still commendable as it is only below that of India’s Sensex Index, which is higher by 1.1%, the Nikkei 225’s 3.7% decline and the Bangkok’s SET fall of 4.8% year-to-date.

Other markets in the region have performed relatively much worse with losses ranging from as low as 7.9% for the Taiwan Stock Exchange Weighted Index to as high as 31.9% for the Shenzhen’s Composite Index.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Pankaj Kumar

Next In Business News

Nexgram to focus on core operations
From trend to mainstay: AI to cement its place at the core of 2026 investment strategies
NuEnergy disposes of 50% stake in warehousing firm for RM24.5mil
Ringgit continues to soar against greenback as US consumer confidence remains weak
PLB Engineering flagged for material uncertainty by external auditor
SIB disposes of land in Negeri Sembilan for RM25mil
Advancecon appoints Phum Boon Eng as managing director
Kinergy Advancement to change stock short name to KINERGY from Dec 30
FBM KLCI extends rally on Christmas Eve; ringgit at five-year high
Higher corporate bond yields push issuers to delay debt sales to next quarter

Others Also Read