“Our 2021 forecast securities average daily value (SADV) expectation of RM3.15bil assumes a 26% year-on-year (y-o-y) normalisation from the extraordinary 2020, but is still meaningfully higher than pre-Covid-19 trading levels and 30% higher than the 2017-2019 average SADV, ” RHB Research said.
PETALING JAYA: Bursa Malaysia Bhd
’s trading activities are expected to remain vibrant this year due to sustained retail participation, and sector rotation to cyclical sectors, says RHB Research.
“Our 2021 forecast securities average daily value (SADV) expectation of RM3.15bil assumes a 26% year-on-year (y-o-y) normalisation from the extraordinary 2020, but is still meaningfully higher than pre-Covid-19 trading levels and 30% higher than the 2017-2019 average SADV, ” the research house said.
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