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Market Daily Report: Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.

Private Equity (PE) & Venture Capital (VC) Funds in Malaysia Reach RM24.7 Billion in 2024

  Total Fund Commitments : The total committed funds in Malaysia’s  private equity (PE)  and  venture capital (VC)  sectors stood at  RM24.7 billion  by the end of  2024 . PE : RM18.01 billion VC : RM6.7 billion Investment Focus : PE Investments : Primarily directed at growth-stage opportunities (83.82%), with early-stage investments accounting for 16.18%. VC Investments : Focused on growth-stage (44.60%), followed by early-stage (35.98%) and startup-stage (13.44%) opportunities. Investor Breakdown : PE : Corporate investors led with 40.91%, followed by individuals and family offices (16.77%) and financial institutions (13.27%). VC : Government agencies and investment companies (35.99%), sovereign wealth funds (20.15%), and individuals and family offices (19.55%) were the top funding sources. Sector-Specific Investments : VC : The  wholesale and retail trade sector  attracted the highest VC investments at  13.65% , followed by ...