Bursa Malaysia to push retail participation to 25% - News Summed Up

Bursa Malaysia to push retail participation to 25%


KUALA LUMPUR: Bursa Malaysia aims to boost retail investors' participation to 25 per cent in the near term from the current 23.3 per cent with 80 programmes underway to increase financial literacy. Bursa Malaysia chief executive officer Datuk Seri Tajuddin Atan said only four percent out of the 853 respondents had chosen to invest in shares while the rest opted for less traditional investment tools. "The public should consider share investment as part of their investment portfolio and change the perception that share investments are too risky. "Stamp duty exemptions announced in Budget 2018 will further enhance the attractiveness of ETFs as a low cost investment product," he added. As of September 27 this year, the trading average daily volume currently stands at RM572 million, 16 per cent higher that RM385 million last year.


Source: New Strait Times November 21, 2017 09:22 UTC



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