PETALING JAYA: Improved average daily trading volume (ADTV), signs of stabilising growth in China and foreign fund inflows driven by the expectation of rate cuts in the United States, are key factors buoying the optimism on Bursa Malaysia Bhd
’s performance for the first quarter of 2024 (1Q24).
Tradeview Capital chief executive officer and founder Ng Zhu Hann said the local bourse’s ADTV surged by 38% year-on-year (y-o-y) in 1Q24, averaging at around RM2.9bil.
