Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Positive Economic Outlook for Malaysia


March, 09 2017
watermark Economic news

Based on the report of Securities Commission Malaysia (SC), the economic growth of Malaysia is projected to kept unchanged at 4 to 5 percent for this year. This steady rate is driven by stable level for exports and private domestic demands.

Included also in the commission’s annual report for 2016 is the weak stance of the Malaysian Ringgit which is seen as undervalued and further open doors for international investments within the local market.

According to the current evaluations of SC, the estimated total capital for the primary and secondary markets will rose from RM102 billion to RM105 billion within this year as to the amount of funds provided in the previous year worth RM98.5 billion.

The fundraising was expected to improve by 2017 by reaching RM7 billion to RM9 billion as its initial public offerings while the secondary market deemed to raise RM10 billion to RM11 billion.

The release also mentioned that earnings growth rate is predicted to recover a positive trend for this year as more project for infrastructures and improved economic fundamentals were expected.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.