Efforts ongoing to stimulate market participation

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Bursa Malaysia is working on a series of initiatives in an effort to stimulate the tepid market.

was making new efforts to drive non-trading revenue such as the launch of the Bursa Gold Dinar and a new debt fundraising platform with RAM.

"The traction from recent IPOs could continue to fuel retailers' interest, with Bursa indicating a pipeline of 39 IPOs this year," said Kenanga in its results note. The stock exchange operator announced its first-quarter financial results yesterday, which revealed a decline in operating revenue due to softness in the securities market.

 

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