KUALA LUMPUR: No systemic risk is expected to spread to the wider market following the recent selldown in several small-capitalised stocks on Bursa Malaysia.
After the dust had settled from the whirlwind market movements last week, which took many by surprise, market sources said the selldown was first triggered following actions by a financial institution to revoke financing lines for an influential market participant.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
