KUALA LUMPUR: A total of US$30.4 billion has been raised through new listings on Bursa Malaysia in the last five years, which underlines Malaysia's competitiveness as well as resilience in a challenging global economic climate.
In his keynote address at the opening of Invest Malaysia 2017 here today, Bursa Malaysia's chairman, Tan Sri Amirsham A Aziz, said that despite ongoing political noise, Malaysia remains an attractive investment within Asean.
"The facts and figures speak for themselves, as a total of US$30.4 billion has been raised through new listings on Bursa Malaysia in the last five years alone, and this figure is also the highest in Asean.
"In fact, since the 2009 global financial crisis, our market capitalisation is up by 177 per cent to RM1.8 trillion as of June 2017. The FBM KLCI is also up 101 per cent, while our average daily (ADV) increased 121 per cent to RM2.5 billion," he said.
Amirsham noted as well that as of June 2017, a record RM16.3 billion in foreign institutional funds have flowed into the country.
Malaysia's equity market is also deeper than the rest of Asean, as it is at 121 per cent over the gross domestic product (GDP).
Bursa Malaysia has also released a special publication entitled Malaysia at 60: Maximising Potential to commemorate the country's 60th year of independence this year.
This year’s Invest Malaysia marks the event’s 13th anniversary. Over 1,500 delegates, of which more than 900 are fund managers with total assets under management of US$19.9 trillion, are expected to attend across the two days.