Foreign shareholding in Bursa Malaysia to improve in 2H23

KUALA LUMPUR: Foreign shareholdings in Bursa Malaysia is expected to improve in the second half of 2023 from the 20 per cent at present prompted by the continuous inflows into the emerging market, including Malaysia, seen starting July.

Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said the market is currently experiencing the reversal of flows coming back into the emerging market as interest rates peak in the developed countries such as the United States, the United Kingdom and Europe during the first half of this year.