Malaysia ends up as Asia's worst stock market in 2017

Despite Malaysia receiving among the most foreign inflows this year throughout Southeast Asia, the country's standard measure has fallen short as compared to all its major Asian competitors


BEAM Team

22 Nov, 2017

Malaysia ends up as Asia's worst stock market in 2017 | BEAMSTART News

- From our Sponsors -

The FTSE Bursa Malaysia KLCI Index has ended up being the worst Asian capital gauge thus far in 2017 with lower than 5% growth. This comes along with an unknown election date which adds to the downfall.

Despite Malaysia receiving among the most foreign inflows this year throughout Southeast Asia, the country's standard measure has fallen short as compared to all its major Asian competitors from Hong Kong to India - several of whose gauges have even increased over 25% this year alone.

Related: Join Entrepreneurs and Investors at Entrepreneurs Retreat 2018   

As Malaysians anticipate the date for the next general election, there has been rumours that PM Najib Razak may announce it earlier to take advantage of the current feel-good factor.

Danny Wong Teck Meng, CEO of Areca Capital, reported that, while there's various skepticisms bearing down the market, there certainly are other favorable factors such as oil, solid exports and the strong economic build-up that are sustaining the market. He added that with profits season blooms, a few revelations could offer stimulants for a much more favorable view towards the market.

Related: Tencent is Asia's most valuable company!

- From our Sponsors -

Latest Jobs

Android Engineer Intern

FrontPage

Karnataka,

Internship

USD 50000 — USD 60000 yearly

Founding Engineer - Healthcare AI

Andy AI

California,

Full Time

USD 100000 — USD 200000 yearly

Full Stack Engineer (Americas)

Infisical

California,

Full Time

USD 50000 — USD 200000 yearly

Senior Software Engineer (Typescript Focus)

AccessOwl

Full Time

USD 70000 — USD 90000 yearly

Product Manager

Kodo

Maharashtra,

Full Time

USD 1500000 — USD 3000000 yearly

Account Executive - Europe

Laylo

Full Time

USD 55000 — USD 120000 yearly

Senior Software Engineer

Banner

Full Time

USD 160 — USD 200 yearly

Internal Recruiter

Artisan

California,

Full Time

USD 100000 — USD 175000 yearly

Recruiting Lead (Sales/GTM)

Sully.ai

Full Time

USD 30000 — USD 50000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).