Bursa cautiously optimistic

“Challenging global operating conditions have resulted in the softening of trading in the securities market," says Wahid.

PETALING JAYA: Securities regulator Bursa Malaysia Bhd expects the equities market to be challenging in 2023, on the back of persisting volatilities from both domestic and global factors.

The stock market operator anticipates factors such as rising US interest rates and Bank Negara’s overnight policy rate (OPR) hike, the retabling of Budget 2023 and corporate earnings results to influence the market performance.