The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

Malaysia sells itself as good for a bounce-back

"If you track our market performance since the election in early March... there is probably less volatility" -Dato’ Yusli Mohamed Yusoff, Bursa Malaysia

Malaysia’s stock exchange was on the road in Asia in November, attempting to bolster interest in its markets from foreign investors. The message: that Malaysia has been fairly resilient to world market chaos, and that it’s well positioned for the bounce when it comes.

At first glance, it is a long shot to present Malaysia as having held up well while others have fallen. In 2008, Malaysia has performed better than every other Asian stock market bar Pakistan. But the Kuala Lumpur Composite index was still down 38.1% in the year to November 11, a worse performer than the Dow Jones Industrial Average or the FTSE 100.

In an odd way, though, there’s something in the argument. "Certainly our market is down, but it came down earlier because of the politics," says Dato’ Yusli Mohamed Yusoff, chief executive of Bursa Malaysia. "If you track our market performance since the election in early March... there is probably less volatility." He’s referring to the improving performance of the Anwar Ibrahim-led opposition in Malaysia, which has created the real prospect of a change of ruling party in Malaysia for the first time since the country was formed in 1963.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree