Retail participation in the market has remained strong amid expectation of improved economic conditions. Macquarie Equities Research pointed out that retail remained net buyers through Q1, while local institutional investors turned net sellers.
KUALA LUMPUR: Robust retail participation and the potential return of foreign investors augur well for the local bourse, potentially raking in higher revenues for Bursa Malaysia Bhd
.
With the first quarter (Q1) average daily value (ADV) coming in stronger at RM5.08bil, which is a 5.2% increase quarter-on-quarter (q-o-q) and 100.8% increase year-on-year (y-o-y), analysts are expecting Bursa Malaysia to post decent profits for the first three months of the financial year ending Dec 31,2021 (FY21).
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