Bursa Malaysia set to end in negative territory for third year
This year's 11 IPOs - which matched last year's - will raise just under RM600m; smaller issuers reward investors
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
SUBSCRIBERS to newly listed animal health solutions provider Rhone Ma Holdings Bhd must have been ecstatic over the 16 per cent gain at its debut on the main market of Bursa Malaysia last week following an abject year for flotation exercises and the equities market in general.
For two consecutive years, Malaysia's benchmark FBMKLCI has finished in negative territory and with only a few days to the year's end, it looks likely to make it a hattrick this year.
Copyright SPH Media. All rights reserved.
TRENDING NOW
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
