Total funds raised down 29% last year

PETALING JAYA: The Malaysian capital market saw a drop of almost 29% or RM52bil in total funds raised last year, amid lower secondary fundraising activities and a decline in corporate bonds and sukuk issuances.

In its 2023 Annual Report, the Securities Commission (SC) said total funds raised in the capital market moderated to RM127.7bil in 2023, compared to a high of RM179.4bil in 2022.