Highlights

This article first appeared in Capital, The Edge Malaysia Weekly on February 5, 2024 – February 11, 2024

FOLLOWING the woes brought about by the sell-off in the shares of 16 small-capitalisation counters on Bursa Malaysia in mid-January, the tide seems to have turned, favouring counters with larger market capitalisation. This can be seen in the performance of the benchmark index, the FBM KLCI, which gained more than 4% or 58 points in the first month of this year, making it the best performer in the region.