Fundamentals intact, say Bursa and SC

The SC and Bursa Malaysia said the recent significant decline in share prices was limited to a few small-cap stocks, and was not widespread.

PETALING JAYA: The Securities Commission (SC) and Bursa Malaysia have assured investors that the fundamentals of the Malaysian stock market remain strong despite the heightened volatility in certain stocks of late.

In a joint statement yesterday, the SC and Bursa Malaysia said there should not be any cause for concern as the recent significant decline in share prices was limited to a few small-cap stocks, and the trend was not widespread.