KUALA LUMPUR: Bursa Malaysia Bhd
has a positive outlook for 2024, as it expects the local equity market to perform better on the back of stronger economic growth forecast for this year.
Its chairman, Tan Sri Abdul Wahid Omar, said this is expected to pave the way for higher corporate earnings and an increase in fund-raising activities.
“The stock market performance for the first 30 days of 2024 has improved with an average daily value (ADV) of RM3.2bil and foreign investment flows of RM512mil,” he told reporters during the Bursa Malaysia 2023 Financial Results briefing here yesterday.
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