KUALA LUMPUR, Feb 2 (NNN-Bernama) — Bursa Malaysia (Malaysia\u2019s Stock Exchange) continued to be the top-performing bourse in the region with 2.4 per cent growth in 2020, according to chairman Abdul Wahid Omar.<\/p>\n\n\n\n
He said a large foreign outflow of US$6.08 billion (RM24.6 billion, US$1 = RM4.04) recorded in 2020 was well absorbed by domestic retail and institutional investors.<\/p>\n\n\n\n
\u201cIn fact, we saw foreign funds invested some RM18.3 billion into our bond markets,\u201d he said during a programme aired on Bernama TV (Astro 502) on Tuesday.<\/p>\n\n\n\n
The programme — Menang Bersama: Rebuilding Malaysia’s Economy Together by Finance Minister Tengku Zafrul Abdul Aziz was moderated by Abdul Wahid.<\/p>\n\n\n\n
Earlier in his speech, Tengku Zafrul said investors\u2019 confidence continued to be reflected in our capital and financial markets, which showed encouraging performance under an extremely challenging 2020.<\/p>\n\n\n\n
He said that including dividends, investors saw total returns of 5.8 per cent.<\/p>\n\n\n\n
Average daily trading value also reached a high of RM4.2 billion.<\/p>\n\n\n\n
Tengku Zafrul said the higher participation of retail investors saw a marked increase from close to a quarter (24.5 per cent) in 2019 to more than a third (37.7 per cent) in 2020.<\/p>\n\n\n\n
Meanwhile, foreign shareholdings in our stock market remained at a healthy level of 21 per cent. Concurrently, the ringgit was also one of the top performers in the region with 1.7 per cent increase against the US dollar.<\/p>\n\n\n\n
He said this was partly contributed by the recovery in prices of commodities as well as the positive non-resident inflows of RM18.3 billion in the bond market.<\/p>\n\n\n\n
Overall, foreign holdings remained stable, accounting for an average of 22.8 per cent of domestic government debt, relative to 22.4 per cent in the year before.<\/p>\n\n\n\n
— NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR, Feb 2 (NNN-Bernama) — Bursa Malaysia (Malaysia\u2019s Stock Exchange) continued to be the top-performing bourse in the region with 2.4 per cent growth in 2020, according to chairman Abdul Wahid Omar. He said a large foreign outflow of US$6.08 billion (RM24.6 billion, US$1 = RM4.04) recorded in 2020 was well absorbed by domestic […]<\/p>\n","protected":false},"author":27,"featured_media":8612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[215,288,300,318],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/111891"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111891"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/111891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/8612"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111891"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}