KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.33 points, or 0.54 per cent, to 1,708.36, from yesterday’s close of 1,717.69. The benchmark index, which opened 3.74 points higher at 1,721.43, hit an intraday high of 1,722.50 in early trade before losing momentum for the rest of the day. Market breadth was negative, with losers outpacing gainers 656 to 508, while 565 counters were unchanged, 989 untraded and 32 suspended. Turnover fell to 3.49 billion units worth RM3.70 billion compared with 4.15 billion units worth RM4.29 billion on Wednesday.
Singapore is stepping up efforts to attract global capital, as Singapore Exchange partners with Bloomberg to enhance visibility and accessibility of local equities.
Strategic Push to Attract Global Investors
The partnership focuses on:
- Expanding investor outreach
- Improving research distribution
- Enhancing market transparency and engagement
A key initiative will make equity research under MAS programmes available on the Bloomberg Terminal, increasing exposure to global institutional investors.
Improving Corporate Standards and Investor Relations
The collaboration will also introduce:
- Training frameworks for listed companies
- Best practices in data quality and disclosures
- Investor relations enhancement programmes
C-suite roundtables and training sessions will be held both locally and internationally, aiming to strengthen connections between companies and investors.
Strong Market Activity Supports Initiative
The move comes amid a notable recovery in Singapore’s equity market:
- Average daily turnover: S$2.1 billion (+53% YoY)
- Highest level in 19 years
- Retail participation at a 13-year high
Small- and mid-cap stocks saw turnover surge 137%, indicating broadening market interest.
STI and Market Reforms Driving Momentum
The Straits Times Index crossed the 5,000 level for the first time, reflecting stronger investor confidence.
The initiative supports SGX’s Value Unlock programme, which aims to:
- Improve investability of listed firms
- Increase market liquidity and visibility
Over 130 companies have already participated as of Q1 2026.
Investor Takeaways
- SGX-Bloomberg partnership enhances global visibility of Singapore equities.
- Research accessibility via Bloomberg Terminal could attract institutional flows.
- Strong trading activity signals renewed investor interest in SGX market.
- Focus on governance and disclosures improves long-term market quality.
- Initiative may support re-rating of Singapore-listed stocks, especially mid-caps.
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