Thematic plays may bring cheer to Malaysia’s stock market this year after a dispiriting 2023
Anwar Ibrahim’s policies to galvanise businesses and steady the country’s fiscal footing imbue hope – but fluid politics could ruin the bull party
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Anita Gabriel
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IT WAS a boring affair for Malaysian equities on the whole in 2023, but some good times could roll in, more so for those who hung in there. Bursa Malaysia, it appears, could not be richer in thematic plays than this year.
For one, after a bonanza of policy announcements last year under Prime Minister Anwar Ibrahim’s just-over-a-year-old regime, it is time to hunker down on execution.
The initiatives that were unveiled included the Madani Economic Narrative, a wide-lens vision for Malaysia’s future economic development; the National Energy Transition Roadmap (NETR); the New Industrial Master Plan 2030 (NIMP2030); and the 12th Malaysia Plan Mid-Term Review.
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