CEO: Bursa Malaysia seeks to reduce large domestic investor dominance to lure foreign investment

📆 4/09/2024 7:24 a. m.
📰 malaymail

⏱ Reading Time:
29 sec. here
3 min. at publisher
📊 Quality Score:
News: 18%
Publisher: 86%

Muhamad Umar Swift Noticias

Bursa Malaysia

KUALA LUMPUR, Sept 4 — Malaysia’s stock exchange is looking to loosen the grip of large domestic investors on the market to encourage more trading and attract foreign investors...

‘I stopped calling you papa’: Daughter also photographed naked by Frenchman who recruited dozens of men to drug-rape wife over 10 years

“There is liquidity looking to be deployed now that traditionally would be North Asia or India or Vietnam,” Bursa Malaysia chief executive Datuk Muhamad Umar Swift told Reuters in an interview today.“They’re looking for a certain liquidity ... and so from the exchange perspective, we will engage institutional shareholders who have these assets to encourage more free float.”

The free float of Malayan Banking Berhad, for example, the largest stock on the KLSE, is 43 per cent, according to LSEG data, below 60 per cent for the top three stocks.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Bursa Malaysia closes red as global slowdown fears mount, telco stocks buck the trendKUALA LUMPUR, Sept 4 — Bursa Malaysia ended lower today, tracking an equity rout worldwide after weak US data fuelled fears of a slowdown in global economic growth. At 5pm, the...
Fuente: malaymail - 🏆 1. / 86 Leer más »