Business

Capital markets may stabilise in H2 2023: Securities Commission

Chairman attributes improvement to return of political stability

Updated 3 years ago · Published on 27 Mar 2023 3:18PM

Capital markets may stabilise in H2 2023: Securities Commission
Datuk Seri Awang Adek Hussin says foreign investors had seen many plus factors in the country’s capital market, which include political stability, good fundamentals, and the fact that the market is still undervalued. – Bernama pic, March 27, 2023

KUALA LUMPUR – The Securities Commission (SC) expects Malaysia’s capital market to stabilise in the second half of 2023 (2H 2023) on the back of good fundamental and political stability.

SC chairman Datuk Seri Awang Adek Hussin said foreign investors had seen many plus factors in the country’s capital market, which include political stability, good fundamentals, and the fact that the market is still undervalued.

“We think political stability has returned…much better than before. Although politicking has not subsided, it has generally become more stable.” – Bernama, March 27, 2023

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