Firms push ahead with IPOs

Low risk: A man walks by a huge trading screen at Bursa Malaysia. Firms operating within the consumer sector are likely to do well when they list.

Local companies are going ahead with their plans to go public on Bursa Malaysia although uncertainty continues to cloud market sentiment.

Market watchers say, amid the economic uncertainty, initial public offerings (IPOs) by companies that have niche or specialised businesses should fare better than those that don’t.