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Malaysia's capital market expands to 753 billion USD in 2019

Malaysia's total capital market grew by 3 percent year on year to 3.2 trillion MYR (753 billion USD) in 2019, driven largely by Islamic capital market, the Securities Commission Malaysia (SC) announced on April 16.
Malaysia's capital market expands to 753 billion USD in 2019 ảnh 1Illustrative image (Photo:nst.com.my)

Hanoi (VNA) – Malaysia's total capital market grew source by 3percent year on year to 3.2 trillion MYR (753 billion USD) in 2019, drivenlargely by Islamic capital market, the Securities Commission Malaysia (SC)announced on April 16.

In itsannual report, the regulator said total debt securities outstanding and equitymarket capitalisation reached 1.5 trillion MYR and 1.7 trillion MYR, respectively.

Despitethe challenging global backdrop and ongoing domestic policy reforms, theMalaysian capital market saw a higher level of fundraising activities duringthe year, with total funds raised in the bond and equity market amounting to139.4 billion MYR in 2019 compared to 114.6 billion MYR in 2018.

Thedomestic capital market is expected to remain resilient and orderly,underpinned by Malaysia's strong macroeconomic fundamentals, ample domesticliquidity, and supportive capital market infrastructure, which will continue tosupport the growth of the Malaysian economy in 2020, said the SC.

Accordingto the regulator, the outlook for the domestic capital market will continue tobe influenced by key global developments, with volatility driven primarily bythe direction and pace of global economic growth and global monetary policystance, and the uncertainty in relation to the ongoing trade and geopoliticaltensions./.

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