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Posts Tagged ‘stock exchange’
Capital Markets, Economics, Islamic Finance, Malaysia, Politics - Monday, December 1, 2008 15:38 - 0 Comments
Malaysia: testing Bursa’s claims of resilience
Euromoney, December 2008
Malaysia has been on the road recently attempting to bolster interests in its markets from overseas. The message: that Malaysia has been fairly resilient to world market chaos; and that it’s well positioned for the bounce when it comes.
On first glance, it is drawing rather a long bow to present Malaysia as having held up well as others have fallen. It is true to say that in 2008, Malaysia has performed better than every other significant Asian stock market bar Pakistan. But the Kuala Lumpur Composite index was still down 38.1% in the year to November 11, worse than the Dow Jones Industrial Average or the FTSE 100. Continue…
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