Small Stocks Crush Malaysia Benchmark, Unseen in Decades
- FTSE Bursa Malaysia Small Cap Index up 34% from November low
- Small- and mid-caps getting a boost from amateur stock pickers
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Malaysia’s main equity index is languishing, but the nation’s small stocks are powering ahead as retail investors pile into a risky corner of the market.
The FTSE Bursa Malaysia Small Cap Index has jumped 34% from a November low and is trading at the highest level since 2000 relative to the FTSE Bursa Malaysia KLCI Index. The benchmark index is down 1.6% for the year.