GEORGE TOWN: Like the tourism industry which gets a boost from the weak ringgit, the country’s property market, too, looks to be flourishing with higher demand, especially from foreign investors.
A more vibrant 2024 is foreseen as Bursa Malaysia Bhd unveiled new investment products and tools to broaden investor engagement and mitigate the decline in operating income.
Despite closing lower yesterday, Malaysian equities are expected to remain on a bullish trajectory in the near term as sentiment improves, spurred by domestic economic stimulus policies and potentially easier monetary policies overseas, among other things.