2024 Wrap Up

2024 is a good year for Malaysia investor. Achieved 31% return, running ahead KLSE and S&P500.

Key highlight for 2024:

1. Data centre booming. Benefit across utilities and construction sector.

2. Black Monday 5Aug following multiple events occurred over the weekend.

3. Drastic fx movenent on Q3 and Q4 impacting exporter. Particularly tech stock.

4. Highest number of IPO records in the past 10 years, with 55 companies listed in Main, ACE and LEAP market, including a giant company 99 speedmart.

Looking forward to 2025, a new chapter begins with many uncertainties. Yet, uncertainty brings great opportunities. Let’s embrace it and hope for another strong year of double-digit growth.