SC expects capital market to stabilise in 2H23

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SC chairman Datuk Seri Dr Awang Adek Hussin said foreign investors had seen many plus factors in the country’s capital market.

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

Awang Adek cautioned that some factors are holding back the market, especially foreign investments, due to the current uncertainties in the global economy. "No one has any holdings in SVB in terms of shareholding or loans, so there is no direct involvement.

 

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